The UK Supreme Court has recently addressed novel issues concerning liability for dishonest assistance in respect of a breach of fiduciary duty, involving the acquisition and dissipation of unauthorised profits....more
"The law on 'knowing receipt' has perplexed judges and academics alike for several decades" – Lord Burrows (paragraph 99). In a decision with significant implications for claims involving fraud and breach of fiduciary duty...more
A loan refinancing transaction led to both the original lender and new lender being unable to recover damages against a negligent advisor who had advised on the original loan, after the borrower defaulted. In Lowick Rose LLP...more