No Causation Defence for Self-Interested Fiduciaries: UK Supreme Court Affirms Strict Profit Rule

No Causation Defence for Self-Interested Fiduciaries: UK Supreme Court Affirms Strict Profit Rule

The judgment concerns the circumstances in which fiduciaries must account to their principals for the profits they make from their fiduciary relationships. By Oliver Middleton and Duncan Graves The UK Supreme Court in Rukhadze v. Recovery Partners GP Ltd has unanimously rejected an attempt to introduce a caveat to the longstanding “profit rule” that such fiduciaries could retain their secret profits if it could be shown that they would have earn…

Supreme Court Nixes Lanham Act Profit Disgorgement from Non-Parties

By Gregory Feit When a plaintiff wins a trademark infringement case against a corporation under the Lanham Act, can it seek the disgorgement of profits from a corporate affiliate that was not named as a defendant in the suit?  In its February 26, 2025 decision in Dewberry Group, Inc. v. Dewberry Engineers Inc.,[1] the United […]