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Murray v Yorkshire Fund Managers Ltd [1998] 1 WLR 951

By Oxbridge Law TeamUpdated 04/01/2024 07:14

Judgement for the case Murray v Yorkshire Fund Managers Ltd

Table Of Contents

  • Team of people, including Claimant, put together a business plan with view to securing assets of a company.

  • Information was disclosed to a potential financial backer of plan (Defendant), who stated he was happy to finance project provided Claimant had no part; other members of team consented to Claimant being excluded and carried on without him.

  • Claimant claimed for breach.

Held

  • Confidential information came into being for purpose of facilitating project.

  • Thus when Claimant was excluded from project, had no right to control how information was used.

  • Solution based on expectations of parties

    • I.e. was not binding agreement that all parties had to take part in project

    • Thus any one of them could have withdrawn at any time

    • Thus info obviously was an adjunct to project

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