Fiduciaries

Supreme Court considers limitation defence where directors have benefited from breach of fiduciary duty

The UK Supreme Court has recently considered section 21(3) of the Limitation Act 1980 which provides or a six-year limitation period for actions by a beneficiary to recover trust property or in respect of any breach of trust (other than … Continue reading

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Solicitor fined by SRA for drawing deceased client’s funds

A former partner of a Leeds law firm agreed a fine with the English Solicitors Regulation Authority (the "SRA") after he used expired Powers of Attorney to withdraw funds from a client's bank account, in order to fund the purchase … Continue reading

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London High Court considers burden of proof in claims for breach of fiduciary duty

In Keown v Nahoor and Others [2015] EWHC 3418 (Ch), a decision handed down at the end of last year, the English High Court held that an accountant was liable to account for sums appropriated by him in breach of … Continue reading

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Filed under Fiduciaries, London, Trust disputes