In Which Two Situations Did Lord Bridge in Lloyds V

question 6

Short Answer

In which two situations did Lord Bridge in Lloyds v Rosset (1991) 1 AC 107 state that a constructive trust could arise?

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Definitions:

Trading Securities

Financial instruments like stocks or bonds that are bought and sold for the purpose of generating profits on short-term fluctuations in price.

Trading Gains

Profits realized from buying and selling financial instruments within a short period, aiming to benefit from market price movements.

Minority Passive Investments

Investments in which the investor holds a non-controlling stake and does not actively participate in management.

Trading Securities

Securities that are purchased by a company not for long-term investment but rather with the intent to trade for short-term gains.