Jersey Law Reports

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You are here: BAILII >> Databases >> Jersey Law Reports >> Brazil v Durant Intl. [2013] 1 JLR 103 (24 January 2013)
URL: http://www.bailii.org/je/cases/JLR/2013/JLR131103.html
Cite as: [2013] 1 JLR 103

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Brazil v Durant Intl. 2013 (1) JLR 103 (24 January 2013)

Civil Procedure-judgments and orders-interest on judgment debt-compound interest-may be awarded under Trusts (Jersey) Law 1984, art. 33 (i.e. constructive trustee to account for profit, gain or advantage derived from breach of trust) or under court's general equitable jurisdiction to award compound interest in cases of fraud or breach of fiduciary duty (includes knowing assistance cases)-properly awarded against defendants who knowingly received and retained US$10.5m. proceeds of fraud for over 10 years

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