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United Kingdom Leading Case equitable compensationcausationmeasure of loss

AIB Group (UK) plc v Mark Redler & Co Solicitors

[2014] UKSC 58
JurisdictionUnited Kingdom
CourtSupreme Court of the United Kingdom
Year2014
StatusBinding authority

Key Principle

Where a trustee acts in breach of trust but the beneficiary suffers no loss, equitable compensation is assessed on the same basis as common law damages; the old 'but for' causation-based approach to trustee liability was rejected by the Supreme Court.

Area of Law

trusts

Related Cases

Test Claimants in the FII Group Litigation v HMRC (No 2) [2020] UKSC 47
Children's Investment Fund Foundation v Attorney General [2020] UKSC 33
Investment Trust Companies v Revenue and Customs Commissioners [2017] UKSC 29

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