Julius Pursaill
Posts on mallowstreet

It's time to rethink fiduciary duty

It's time to rethink fiduciary duty

The case of Cowan v Scargill from 1985 cast a long shadow over interpretations of fiduciary duty. The duty became seen as  synonymous with maximising short-term financial return and so became an obstacle to any broader concept of trustees’ duties to their

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