The Supreme Court holds that, when considering profits made by a trustee/fiduciary, the question is ‘did the profit owe its existence to a significant extent to the application by the fiduciary of property, information or some other advantage which he enjoyed as a result of his fiduciary position, or from some activity undertaken while he remained a fiduciary which the conflict duty required him to avoid altogether’: https://caselaw.nationalarchives.gov.uk/uksc/2025/10
Charles Cooper | Barrister 