Novoship (UK) Ltd and others v Nikitin and others

Equity – Fiduciary duty. The appellants were all involved in bribery with regard to the chartering of cargo vessels. At first instance, they were found to have acted in breach of fiduciary duty. They appealed a number of findings of fact made by the judge, and submitted that the judge had made errors in law concerning the available remedies. The Court of Appeal, Civil Division, held that the appeal would be allowed to the extent of the award of profits against the first and third defendants.

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