“…nger in the case of dishonest breaches than it is for honest and well-intentioned ones. As Lord Denning MR observed in the Court of Appeal in Boardman v Phipps [1965] Ch 992, p.1020:…”
“…equitable allowance, reference was made to the decision of Wilberforce J. in Phipps v Boardman [1964] 1 WLR 993. His decision was upheld by the Court of Appeal [1965] Ch. 992 and ultimately by this House under the name of Boardman v Phipps [1967] 2 A.C. 46. In that case a trust estate included a minority holding in a private company…”
“…He then referred to Boardman v Phipps, and quoted from the judgment of Lord Denning MR in the Court of Appeal which included this passage ([1965] Ch. 992 at 1020):…”