Ramyaa Veerabathran writes for ThoughtLeaders 4 FIRE Magazine
In the latest issue of ThoughtLeaders4 FIRE Magazine, Ramyaa Veerabathran writes 'Rethinking Remedies for Dishonest Assistance: Stevens V Hotel Portfolio II UK Ltd (in Liquidation) [2025] UKSC 28; [2025] 3 W.L.R. 293'.
When a company director makes an unauthorised profit in breach of fiduciary duty and a dishonest assistant helps the director to make the secret profit and then to dissipate it, is the dishonest assistant liable to compensate the company for the loss of its proprietary interest in the unauthorised profit? This was the question before the Supreme Court in Stevens v Hotel Portfolio II UK Ltd (In Liquidation) & Anor [2025] UKSC 28. The majority of the Court answered “yes” for the reasons explained in the powerful judgment of Lord Briggs (with whom Lord Reed, Lord Hamblen and Lord Richards agreed) and Lord Burrows answered “no” in a fascinating dissenting judgment.
The piece was first published with ThoughtLeaders4 FIRE Magazine.
