WebOct 26, 2016 · Marathon is an investment management business founded in 1986 by Mr Hosking and two other individuals (the "Founding Members"). In 2004, the Founding … WebNewey J in Hosking v Marathon Asset Management LLP [2016] EWHC 2418 (Ch) which confirmed the possible use of a forfeiture remedy where partner/LLP member may be in breach of fiduciary duty. Forfeiture could thus be exercised in respect of a share of profits. This is a useful adjunct to the
Hosking v Marathon Asset Management LLP - Lexology
WebHosking v Marathon Asset Management LLP [2016] EWHC 2418 (Ch) In a landmark decision, Mr Justice Newey has held that a partner who breaches his fiduciary duties can … WebThe court decided that it could and confirmed that, in addition to being liable to pay compensation of some £1.38 million, Mr Hosking should forfeit and return to Marathon 50% of his profit share arising during the period in which his breaches of duty were committed, amounting to over £10 million. brigand \u0026 stratton s/n120329za57979
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WebOverview Marathon Asset Management LP, formed in 1998 by Bruce Richards (Chairman & Chief Executive Officer) and Louis Hanover (Chief Investment Officer), seeks attractive absolute returns through investments in the global credit markets and real estate related markets with a long-term goal of building a world-class asset management platform. WebHosking Partners LLP is an owner managed investment management company based in London established in 2013 offering a global equity strategy to institutional investors. WebNov 10, 2024 · Hosking v Marathon Asset Management Llp: ChD 5 Oct 2016 Loss of agent’s share for breach within LLP The court was asked whether the principle that a fiduciary (in … tatsa 500 lts