constructive trustee
Defined in 1 dictionary — Case Law
Definitions from Case Law
From 268 U.S. 121 - United States v. Dunn · 1925Most cited · 144 citing opinions
We hold that Dunn and Gillam were constructive trustees of whatever interest they acquired in the Thomas lease, and of the proceeds derived from the transfer thereof to the Bull Head Oil Company, whatever its form, whether stock or money, and that they and all defendants claiming under them, other than innocent purchasers for value, may in equity be compelled to account to the plaintiff for such proceeds, for the benefit of the minor.