The Supreme Court’s judgment in Recovery Partners & anr. v Rukhadze & ors., handed down last week, considers what role, if any, principles of causation have to play when deciding the scope of an account of profits, particularly in relation to a breach of fiduciary duty involving the pursuit of a maturing corporate business opportunity by directors after they have left office. This is an important judgment for anyone advising directors or other fiduciaries who are considering resigning from a company and setting up a competing business. Watson Pringle acted for the Appellants at all stages of the case including in the Supreme Court, instructed by Graham Huntley and Rory Spillman of Signature Litigation LLP. 

The full judgment can be found here