- Published on
KembaraXtra – Legal Terms – Institutional Constructive Trust
An institutional constructive trust arises automatically by operation of law when certain conditions are met, regardless of judicial discretion. It reflects circumstances where equity imposes trust obligations due to conduct or relationships.
Unlike remedial constructive trusts, institutional constructive trusts exist from the moment the relevant facts arise. They play an important role in preventing unjust enrichment.
0 Comments