Money Awards for Breach of Fiduciary Duty
A UCL private law group talk supported by Maitland Chambers.
Tuesday, 18 November 2025
Time: 18:00-19:30
Venue: UCL Faculty of Laws, Bentham House, Endsleigh Gardens, London, WC1H 0EG
Speaker: Professor Charles Mitchell KC (Hon), UCL
About the talk: Different orders can be made where a breach of fiduciary duty has been committed. These include money awards, i.e. orders directing a defendant to pay a claimant a sum of money. Such orders can be made against the fiduciary and/or someone who has dishonestly assisted in the fiduciary’s breach. The amount payable may look to gains made by the defendant or to losses suffered by the principal. Principles of quantification have developed in the cases, the point of which is to identify gains and losses for which defendants are liable. In addition, principles have evolved that are designed to prevent claimants from accumulating recoveries on multiple bases from multiple defendants. Unfortunately, however, the courts have not always explained the content of these rules clearly, nor have they justified them in a transparent way. These problems are exemplified by two recent decisions of the Supreme Court: Rukhadze v Recovery Partners GP Ltd [2025] UKSC 10 and Stevens v Hotel Portfolio II UK Ltd (In Liq) [2025] UKSC 28. The lecture will consider the accounts of the law offered in these cases from a theoretical standpoint and also give a practical account of how to approach claims of the kind at issue.
Registration: Attendance is free. You can reserve your spot here.