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FHR European Ventures LLP v Cedar Capital Partners LLC
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Commercial Law

FHR European Ventures LLP v Cedar Capital Partners LLC

S. Brown-Winkfield S. Brown-Winkfield May 17, 2024 7 min read
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Discover key insights from FHR European Ventures LLP v Cedar Capital Partners LLC (2014), where the Supreme Court ruled on agents' fiduciary duties and the consequences of secret commissions in commercial transactions.

FHR European Ventures LLP v Cedar Capital Partners LLC - case analysis 2
FHR European Ventures LLP v Cedar Capital Partners LLC
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Also known as: FHR European Ventures LLP v Mankarious

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This case law note has been reviewed by a law tutor

🏛️ Court: Supreme Court
🗓️ Judgment Date: 16 July 2014
🗂️ Where Reported: [2014] UKSC 45; [2015] A.C. 250
📍 Jurisdiction: United Kingdom

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⚖️ Legal Principles

1️⃣
Fiduciary Duty and Secret Commissions: Agents must disclose commissions received during transactions; failure leads to a breach of fiduciary duty, requiring them to account for and potentially forfeit undisclosed benefits.

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