The Supreme Court shall today start the 3-day hearing of the appeal from the Court of Appeal in Johnson v Firstrand Bank Ltd (t/a Motonovo Finance) [2024] EWCA Civ 1282.
Is a fiduciary’s duty to account for profits subject to the question of whether that person would have made the same profits if they had avoided breach of fiduciary duty?
The recently handed down Supreme Court judgment in the case of Brown v Ridley & Anor [2025] UKSC 7 has arguably saved the “boundary condition” in paragraph 5(4) of Schedule 6 to the Land Registration Act 2002.