The Business Law Reports
[2023] Bus LR 646
Court of Appeal
Recovery Partners GP Ltd and another
v
Rukhadze and others
[2023] EWCA Civ 305
2022 Nov 29, 30; Dec 1;
2023 March 21
2023 March 21
Popplewell, Phillips, Falk LJJ
Equity— Fiduciary duty— Breach— Account of profits— Defendants breaching fiduciary duties by appropriating business opportunity— Claimants opting to pursue account by way of remedy— Whether amount for which defendants liable to account limited by pre-existing agreement between parties as to division of proceeds of business opportunity and/or claimants’ delay in bringing action— Quantification of equitable allowance for skill exercised by fiduciary
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