A constructive trust is an equitable remedy resembling a trust imposed by a court to benefit a party that has been wrongfully deprived of its rights due to either a person obtaining or holding legal right to property which they should not possess due to unjust enrichment or interference.
Read more about Constructive Trust: Events Generating Constructive Trusts, Usefulness of Constructive Trusts
Famous quotes containing the words constructive and/or trust:
“Euphemisms are not, as many young people think, useless verbiage for that which can and should be said bluntly; they are like secret agents on a delicate mission, they must airily pass by a stinking mess with barely so much as a nod of the head, make their point of constructive criticism and continue on in calm forbearance. Euphemisms are unpleasant truths wearing diplomatic cologne.”
—Quentin Crisp (b. 1908)
“It may be the first in what I trust will be a rapidly growing and influential genrethe novel designed on purpose to be excluded from the Booker short-list.”
—Angela Carter (19401992)