Charter plc and Another v City Index Ltd (David Gawler and Others, Part 20 defendants)
Court of Appeal
“A party which received money transferred in breach of trust, who was liable as a knowing recipient if he retained it money or paid it away in unconscionable circumstances could recover contribution from any other person responsible for damage to the party defrauded.”
The Times, 8th January 2008
Source: www.timesonline.co.uk
Please note the Times Law Reports are only available free on Times Online for 21 days from the date of publication.
