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Rukhadze and others (Appellants) v Recovery Partners GP Ltd and another (Respondents)
Case summary
Case ID
UKSC/2023/0062
Parties
Appellant(s)
Irakli Rukhadze
Igor Alexeev
Benjamin Marson
Hunnewell Partners (UK) LLP
Hunnewell Partners (bvi) Limited
Park Street (GP) Limited
Park Street (BR) Limited
Park Street (GS) Limited
Park Street (L) Limited
Respondent(s)
Recovery Partners GP Ltd
Revoker LLP
Issue
Whether the current test for an account of profits (where an individual has to pay back money earned due to a breach of a duty) should be changed?
Facts
The appellants were directors of a company and as a result owed special duties to the company. In breach of those duties, the appellants took a business opportunity away from the company. The appellants were ordered to repay to the company the profits that it made from this business opportunity. The appellants dispute the need to repay their profits to the company, and how the profits to be repaid should be calculated.
Date of issue
21 May 2023
Judgment appealed
Appeal
Justices
Hearing dates
Full hearing
Start date
23 July 2024
End date
24 July 2024
Watch hearings
23 July 2024 - Morning session
23 July 2024 - Afternoon session
24 July 2024 - Morning session
24 July 2024 - Afternoon session
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Change log
Last updated 15 August 2024