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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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MOVERS & SHAKERS

Gibson Dunn—London partner promotions

Gibson Dunn—London partner promotions

Firm grows international bench with expanded UK partner class

Shakespeare Martineau—six appointments

Shakespeare Martineau—six appointments

Firm makes major statement in the capital with strategic growth at The Shard

Myers & Co—Jess Latham

Myers & Co—Jess Latham

Residential conveyancing team expands with solicitor hire

NEWS
One in five in-house lawyers suffer ‘high’ or ‘severe’ work-related stress, according to a report by global legal body, the Association of Corporate Counsel (ACC)
The Legal Ombudsman’s (LeO’s) plea for a budget increase has been rejected by the Law Society and accepted only ‘with reluctance’ by conveyancers
Overcrowded prisons, mental health hospitals and immigration centres are failing to meet international and domestic human rights standards, the National Preventive Mechanism (NPM) has warned
Two speedier and more streamlined qualification routes have been launched for probate and conveyancing professionals
Workplace stress was a contributing factor in almost one in eight cases before the employment tribunal last year, indicating its endemic grip on the UK workplace
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