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
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.