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unjust enrichmentintroduction fees
Matrix Receivables Ltd v Musst Holdings Ltd
[2025] EWHC 2487 (Ch)
Key Principle
A party who introduces fee-paying customers to an investment manager and is not paid for that benefit may recover in unjust enrichment a fair share of the management fees the recipient earned from those introductions, the restitutionary measure being assessed on the value of the benefit conferred and interest running from commencement at the rate appropriate to the currency of the claim.
Area of Law
General
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