1. TERMINATING FIDUCIARY OBLIGATIONS: IS THERE A DUTY OF LOYALTY TO FORMER CLIENTS?
- Author
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ZHOU, JACK
- Subjects
- *
DISBARMENT , *JUDGE-made law , *APPELLATE courts , *LOYALTY , *LAWYERS , *FIDUCIARY responsibility - Abstract
The law concerning judicial disqualification of lawyers acting against former clients currently depends on whether there is a risk of misuse of the former client's confidential information. The House of Lords' decision in Prince Jefri Bolkiah v KPMG held that fiduciary obligations do not survive the termination of the retainer. By contrast, in Spincode v Look Software, the Victorian Court of Appeal recognised a fiduciary 'duty of loyalty' following termination of the retainer, which involves a 'negative equitable obligation' enjoining lawyers from acting against a former client in the same or closely related matter. This article argues that this basis exists as a matter of fiduciary doctrine. Drawing on the late Paul Finn's notion of 'misuse liability' as an aspect of the fiduciary principle, a lawyer acting against their former client in the same matter amounts to a misuse of fiduciary position even after the retainer's termination. [ABSTRACT FROM AUTHOR]
- Published
- 2024