The remedy of constructive trust is available for the enforcement and tracing of ownership rights in situations where a party has made contributions to the acquisition and maintenance of property or assets in reliance of a promise of ownership or compensation. The remedy permits in appropriate circumstances recognition of compensation that can exceed the value of the contribution.
Constructive Trust
The remedy of constructive trust is available for the enforcement and tracing of ownership rights in situations where a party has made contributions to the acquisition and maintenance of property or assets in reliance of a promise of ownership or compensation. The remedy permits in appropriate circumstances recognition of compensation that can exceed the value of the contribution.