Walker & Ors v Mills & Anor
The Introduction Agreement was made between Clarion Plc and Insurance & Legal Services Limited. The benefit of the agreement was not assigned to the claimants. No constructive trust arose over the shares and loan notes. The claimants have no entitlement to further payments under the Introduction Agreement.
- Parties
- Claimant: Ronald David Walker; Claimant: Clarion Wealth Planning Limited; Claimant: Clarion Investment Management Limited; Defendant: Mark Richard Mills; Defendant: Insurance & Legal Services Limited
- Jurisdiction
- England and Wales
- Judgment Date
- 17 May 2018
- Procedural Posture
- Commercial/contractual Dispute / Judgment After Trial
- Outcome
- Claim dismissed
- Legal Topics
- Assignment of Contractual Rights, Corporate Personality, Fiduciary Duties, Constructive Trusts
Case Brief
Summary, issues, holding and outcome
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Parties
Ronald David Walker
Claimant
Clarion Wealth Planning Limited
Claimant
Clarion Investment Management Limited
Claimant
Mark Richard Mills
Defendant
Insurance & Legal Services Limited
Defendant
Procedural Posture
Commercial/contractual Dispute / Judgment After Trial
Legal Issues
- 1 Who were the parties to the Introduction Agreement?
- 2 Was the Introduction Agreement assigned to the claimants?
- 3 Is there a constructive trust over shares and loan notes?
Ratio Decidendi
The Introduction Agreement was made between Clarion Plc and Insurance & Legal Services Limited. The benefit of the agreement was not assigned to the claimants. No constructive trust arose over the shares and loan notes. The claimants have no entitlement to further payments under the Introduction Agreement.
Court Disposition
Claim dismissed
Full Case Text
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