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Ash
Ash, Solicitor
Category: Law
Satisfied Customers: 10916
Experience:  Solicitor with 5+ years experience
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If a partner in a property development has breached the fiduciary

Resolved Question:

If a partner in a property development has breached the fiduciary duty he occupied in relation to his management of the development company's bank account (because he took fees for himself out of the bank loan for the construction), can he be sued for loss of profits in the development and all other consequential losses?
Submitted: 2 years ago.
Category: Law
Expert:  Ash replied 2 years ago.
Alex Watts : Hello my name is ***** ***** I will help you with this,
Alex Watts : If profits have been lost as a direct result then yes.
Alex Watts : All losses that were reasonably forseeable can be claimed.
Alex Watts : If they were not reasonably forseeable then any causal link may be broken.
Alex Watts : Can I clarify anything for you about this today please?
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