Lloyd's Maritime and Commercial Law Quarterly
THE CONSTRUCTIVE TRUST OVER UNAUTHORISED PROFITS AS A REMEDY
Teen Jui Chow*
Allison Wu†
Hotel Portfolio II UK Ltd (In Liquidation) v Ruhan
If a fiduciary makes an unauthorised profit in breach of fiduciary duty, the principal has against the errant fiduciary a personal remedy for an account of profits and a proprietary remedy under a constructive trust. If the fiduciary subsequently dissipates those unauthorised profits, does he thereby commit a second wrong (in the form of a breach
CASE AND COMMENT
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