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What is Goldcorp Exchange Ltd Receivership Case about?

In the case of Goldcorp Exchange Ltd (In Receivership), the Privy Council ruled that unrepresented non-allocated claimants were not entitled to gold bullion stored by Goldcorp, as the purchase contract did not transfer title due to the goods being unascertained. The court found that a trust did not arise from the purchase contract or subsequent actions of Goldcorp, and it was inappropriate to imply a fiduciary duty based solely on a breach of contract. The appeal was allowed, rejecting the argument for rest

Author

Touseef Ramzan

Language

EN