From: | Enrichment - Restitution & Unjust Enrichment Legal Issues <ENRICHMENT@LISTS.MCGILL.CA> |
To: | ENRICHMENT@LISTS.MCGILL.CA |
Date: | 18/03/2009 17:14:56 UTC |
Subject: | [RDG] AIG bonuses |
Here is a story on the AIG bonuses and whether they can be recovered:
http://www.slate.com/id/2214054/
"The government's best hope‹although still a long shot‹may be a legal
concept called "unjust enrichment." Unjust enrichment belongs to a set of
principles called equity law, which nonlawyers might just refer to as
fairness. It basically says that you can sue someone if he took your money
unfairly. ... Unjust enrichment usually applies in the absence of a
contract. But, as part of equity law, it could also override a contract if
the existing law is deemed insufficient."
Comments to the writer, not to me ...
Lionel
====
This message was delivered through the Restitution Discussion Group,
an international internet LISTSERV devoted to all aspects of the law
of unjust enrichment. To subscribe, send "subscribe enrichment" in
the body of a message to <listserv@lists.mcgill.ca>. To unsubscribe,
send "signoff enrichment" to the same address. To make a posting to
all group members, send to <enrichment@lists.mcgill.ca>. The list is
run by Lionel Smith of McGill University, <lionel.smith@mcgill.ca>.