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Proprietary remedies: identifying property, following and tracing, priority on insolvency, and routes via rescission, rectification, constructive and Quistclose trusts—when and how to pursue recovery

Practice notes
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This Practice Note on proprietary remedies explains what they are, when you may pursue them and why.

What are proprietary remedies?

A proprietary remedy (sometimes termed a proprietary claim) attaches to specific property, rather than a personal remedy such as a claim for damages. That does not exclude the possibility that the property is money or a debt; it can be either (Lipkin Gorman v Karpnale). For these purposes, ‘property’ includes, eg:

  • Real property and other tangible assets
  • Money
  • Intangible assets (such as shares)
  • Digital assets and/or the proceeds of sale of such ‘property’

Where the defendant has received property which, at law or in equity, can be traced to the claimant, a proprietary claim may follow. A claimant seeking a proprietary remedy must establish not only that the defendant received property belonging to the claimant, but also that the defendant still has that property (or that it can be traced from that defendant to another party), the foundation of the claimant’s right to recover, and that this is a case in which the grant of a...

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Web page updated on 21/05/2026

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