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Fiduciary duty

30 September 2016
Issue: 7716 / Categories: Case law , Law digest , In Court , Commercial
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Khouj v Acropolis Capital Partners Ltd and another company [2016] EWHC 2120 (Comm), [2016] All ER (D) 78 (Sep)

The Commercial Court granted the claimant administrator of the deceased’s estate declarations that the defendant companies had been the deceased’s agents or fiduciaries at the relevant time and accordingly owed: (i) a duty to account to in relation to transactions and other business conducted on his behalf (or jointly with another); (ii) a duty to keep and maintain proper records of any transaction or other business conducted on his behalf (or jointly with another); and (iii) a duty upon request to provide the claimant with originals or copies of and records of transactions and other business conducted on his behalf.

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NEWS
Ceri Morgan, knowledge counsel at Herbert Smith Freehills Kramer LLP, analyses the Supreme Court’s landmark decision in Johnson v FirstRand Bank Ltd, which reshapes the law of fiduciary relationships and common law bribery
The boundaries of media access in family law are scrutinised by Nicholas Dobson in NLJ this week
Reflecting on personal experience, Professor Graham Zellick KC, Senior Master of the Bench and former Reader of the Middle Temple, questions the unchecked power of parliamentary privilege
Geoff Dover, managing director at Heirloom Fair Legal, sets out a blueprint for ethical litigation funding in the wake of high-profile law firm collapses
James Grice, head of innovation and AI at Lawfront, explores how artificial intelligence is transforming the legal sector
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