''Whelpdale v Cookson'' (1747) 27 ER 856 is an
English trusts law case, also relevant for
UK company law
The United Kingdom company law regulates corporations formed under the Companies Act 2006. Also governed by the Insolvency Act 1986, the UK Corporate Governance Code, European Union Directives and court cases, the company is the primary lega ...
, on the duty of loyalty owed by a trustee to beneficiaries of the trust.
Facts
A trustee purchased land that was owned by the trust.
Judgment
Lord Hardwicke
Philip Yorke, 1st Earl of Hardwicke, (1 December 16906 March 1764) was an English lawyer and politician who served as Lord High Chancellor of Great Britain. He was a close confidant of the Duke of Newcastle, Prime Minister between 1754 and ...
gave the judgment of the court. The text in the English Report reads as follows.
[(1747) 27 ER 856, ie Vol. 27, p.856]
See also
*''
Keech v Sandford
is a foundational case, deriving from English trusts law, on the fiduciary duty of loyalty. It concerns the law of trusts and has affected much of the thinking on directors' duties in company law. It holds that a trustee owes a strict duty of ...
''
Notes
{{reflist, 2
English trusts case law
United Kingdom company case law
1747 in British law
Court of Chancery cases