header-logo header-logo

Home Login E-newsletter About us
06 September 2024 / Peter Knox KC , Adam Riley , Remy Choo
Issue: 8084 / Categories: Features , Company , In Court , Copyright
printer mail-detail

Line(s) of duties: directors & accessory liability

© Copyright LexisNexis 2026. All Rights Reserved.
188092
In a landmark decision, the Supreme Court has changed the law on directors’ duties. Peter Knox KC, Adam Riley & Remy Choo explain
  • Sets out the facts in Lifestyle Equities CV and another v Ahmed and another, as well as Lord Leggatt’s views on directors’ duties, accessory liability, and orders for account of profits.
  • Also explains the Supreme Court’s consideration of and adoption of the Singapore Court of Appeal’s reasoning in PT Sandipala.

On 15 May 2024, the United Kingdom Supreme Court handed down its long-awaited decision in Lifestyle Equities CV and another v Ahmed and another [2024] UKSC 17, [2024] All ER (D) 60 (May). This article breaks down some of the main points arising out of this landmark decision.

High Court

The respondents in the appeal were two companies (Lifestyle). Lifestyle brought proceedings against some 16 defendants claiming remedies for the infringement of registered trade marks and passing off. The group of defendants included two family-owned companies, Continental Shelf 128

If you are not a subscriber, subscribe now to read this content
If you are already a subscriber sign in
...or Register for two weeks' free access to subscriber content

MOVERS & SHAKERS

Read All
Sponsored by
London Solicitors Litigation Association—John McElroy

London Solicitors Litigation Association—John McElroy

Fieldfisher partner appointed president as LSLA marks milestone year

Kingsley Napley—Kirsty Churm & Olivia Stiles

Kingsley Napley—Kirsty Churm & Olivia Stiles

Firm promotes two lawyers to partnership across employment and family

Foot Anstey—five promotions

Foot Anstey—five promotions

Firm promotes five lawyers to partnership across key growth areas

NEWS
Read All
NLJ this week: Divorce ‘nuclear weapon’ freezes assets but entangles outsiders
Freezing orders in divorce proceedings can unexpectedly ensnare third parties and disrupt businesses. In NLJ this week, Lucy James of Trowers & Hamlins explains how these orders—dubbed a ‘nuclear weapon’—preserve assets but can extend far beyond spouses to companies and business partners 
NLJ this week: What counts as ‘rent’? Court says labour alone won’t do
A Court of Appeal ruling has clarified that ‘rent’ must be monetary—excluding tenants paid in labour from statutory protection. In this week's NLJ, James Naylor explains Garraway v Phillips, where a tenant worked two days a week instead of paying rent
Your magistrates’ court needs you!
Thousands more magistrates are to be recruited, under a major shake-up to speed up and expand the hiring process
NLJ this week: Freed but failed—justice system leaves the innocent empty-handed
Three men wrongly imprisoned for a combined 77 years have been released—yet received ‘not a penny’ in compensation, exposing deep flaws in the justice system. Writing in NLJ this week, Dr Jon Robins reports on Justin Plummer, Oliver Campbell and Peter Sullivan, whose convictions collapsed amid discredited forensics, ‘oppressive’ police interviews and unreliable ‘cell confessions’
NLJ this week: Clarity on whistleblowing, settlements and tribunal limits
A quiet month for employment cases still delivers key legal clarifications. In his latest Employment Law Brief for NLJ, Ian Smith reports that whistleblowing protection remains intact even where disclosures are partly self-serving, provided the worker reasonably believes they serve the ‘public interest’ 
Copyright © 2026 LexisNexis
back-to-top-scroll