FHR European Ventures LLP v Cedar Capital Partners LLC [2014] UKSC 45 is a landmark decision of the United Kingdom Supreme Court which holds that a bribe or secret commission accepted by an agent is held on trust for his principal. In so ruling, the Court overruled Sinclair Investments (UK) Ltd v Versailles Trade Finance Ltd (a decision of the Court of Appeal of England and Wales) in favour of Attorney General for Hong Kong v Reid, a ruling from the Judicial Committee of the Privy Council.