The Judgments Below
The trial judge held that there was no binding contract, but Lac was still liable for breach of confidence and breach of fiduciary duty. He ordered the return of the property to Corona, but allowed Lac's claim in part for a lien for the cost of improvements and other payments.
The Ontario Court of Appeal affirmed the trial judge's ruling, also noting that a constructive trust was an appropriate remedy for both the breach of confidence and fiduciary duty.
Read more about this topic: Lac Minerals Ltd. V. International Corona Resources Ltd.
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“The judgments our enemies make about us come nearer to the truth than those we make about ourselves.”
—François, Duc De La Rochefoucauld (1613–1680)