‘Rukhadze v Recovery Partners GP Ltd [2025] UKSC 10, decided yesterday, is a landmark decision on the liability of trustees and other fiduciaries to account for unauthorised profits. It decides that the liability is strict and does not depend on whether the principal would have made the same profit or would have consented to the fiduciary keeping all or part of the profit if he had been asked. All that is needed is a sufficient link between the fiduciary duty and the profit.’
4 New Square, 20th March 2025
Source: www.4newsquare.com
