The applicant sought a declaration of beneficial ownership of a property, arguing for a bare trust or, alternatively, a constructive trust due to unjust enrichment.
The respondents, estates of former officers, claimed ownership.
The court found no express bare trust due to lack of certainty of intention and objects.
However, it found unjust enrichment of the respondents' estates and corresponding deprivation of the applicant, with no juristic reason for the enrichment.
A remedial constructive trust was imposed on the sale proceeds, with the applicant receiving 75% and the respondents' estates receiving 25%.