‘On 19th March 2025, a panel of seven Supreme Court justices gave their decision in an appeal concerning whether an important change to the equitable principles about the duties and liabilities of fiduciaries should be made. A panel of seven justices was assembled because the Supreme Court was asked to depart from two longstanding decisions of the House of Lords: Regal (Hastings) Ltd v Gulliver [1967] 2 AC 134 and Boardman v Phipps [1967] 2 AC 46.’
Hailsham Chambers, 21st March 2025
Source: www.hailshamchambers.com
