WebComprehensively setting out the law of LLPs in England and Wales, the Fifth Edition includes coverage and analysis of: - Newey J's decision in Hosking v Marathon Asset Management LLP [2024] on the application of the fiduciary forfeiture rule to LLP profit sharing WebJun 10, 2016 · Investment funds and asset management; AIFMD; ... Hosking v Marathon Asset Management LLP [2016] EWHC 2418 (Ch) News 1. Lexis®PSL Arbitration monthly highlights—May 2016. Lawyer Team Recommends. ... (Hosking v Marathon) Send to Email address * Open Help options for Email Address.
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WebThe court decided that it could and confirmed that, in addition to being liable to pay compensation of some £1.38 million, Mr Hosking should forfeit and return to Marathon 50% of his profit share arising during the period in which his breaches of duty were committed, amounting to over £10 million. WebHosking v Marathon Asset Management LLP [2016] EWHC 2418 (Ch) In a landmark decision, Mr Justice Newey has held that a partner who breaches his fiduciary duties can … black white lutry
Jeremy Hosking v Marathon Asset Management LLP - vLex
WebNov 10, 2024 · Hosking v Marathon Asset Management Llp: ChD 5 Oct 2016 Loss of agent’s share for breach within LLP The court was asked whether the principle that a fiduciary (in … WebNov 30, 2016 · Mr Hosking, a member of Marathon Asset Management LLP, was found to be in breach of his contractual and fiduciary duties to the LLP due to his plans to set up a competing business. The LLP successfully brought an arbitration case against Mr Hosking. WebDec 23, 2024 · Andrew Cromby and Alice Galler consider the impact of the decision in Jeremy Hosking v Marathon Asset Management LLP [2016] EWHC 2418 (Ch). If any one thing can be said to underpin the relationship between partners, it is trust. The classic expression of that concept appears in Helmore v Smith (1) (1886) 35 Ch D 436, where … black white magic