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Murray v Yorkshire Fund Managers Ltd

[1998] 1 WLR 951

Case summary last updated at 02/02/2020 16:39 by the Oxbridge Notes in-house law team.

Judgement for the case Murray v Yorkshire Fund Managers Ltd

Team of people, including C, put together a business plan with view to securing assets of a company. Information was disclosed to a potential financial backer of plan (D), who stated he was happy to finance project provided C had no part; other members of team consented to C being excluded and carried on without him. C claimed for breach. Held:
 
·       Confidential information came into being for purpose of facilitating project.
·       Thus when C was excluded from project, had no right to control how information was used.
·       Solution based on expectations of parties
Ø  i.e. was no binding agreement that all parties had to take part in project
Ø  thus any one of them could have withdrawn at any time
Ø  thus info obviously was an adjunct to project

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