Khouj v Acropolis Capital Partners Ltd and another company

Fiduciary duty – Duty to account. The Commercial Court granted the claimant administrator of the deceased's estate declarations that the defendant companies had been the deceased's agents or fiduciaries at the relevant time and accordingly owed: (i) a duty to account to in relation to transactions and other business conducted on his behalf (or jointly with another); (ii) a duty to keep and maintain proper records of any transaction or other business conducted on his behalf (or jointly with another); and (iii) a duty upon request to provide the claimant with originals or copies of and records of transactions and other business conducted on his behalf.

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