Legislator Rechtsprechung & Gesetzgebung
ATAS/925/2004 • CJ GE ATAS/925/2004 KI-generiert

Contract Breach and Timeliness of Accounting Claim in Fiduciary Relationship

Geschäftsnummer ATAS/925/2004
Gericht / Behörde
Rechtsordnung Schweiz · Kanton Genf (CH-GE)
Entscheiddatum
Ausgang Gutgeheissen (Allowed)
Kostenauflage zulasten Vorinstanz / Staat

Legislator-Zusammenfassung

KI-generiert

A party sued an organization for breach of contract and asserted a claim for an accounting based on a written agreement granting the party an exclusive right to exploit a resource in exchange for fixed payments and a share of the net profits, with the defense asserting that the claim for accounting was time-barred under the applicable statute of limitations because the party was aware of the relevant transactions, which was refuted because the claim for an accounting arises from a fiduciary relationship, which tolls the statute of limitations until the fiduciary duty is repudiated or there is an open disavowal of the relationship, and since the organization did not provide a clear renunciation of its fiduciary obligations, the court held that the cause of action for accounting accrued at the time of the final accounting, not when the initial breach or transaction occurred, thereby affirming the lower court's finding that the claim was timely filed.

Legislator-Regeste

KI-generiert

Art. 66 al. 1 LTF; Contract Breach and Timeliness of Accounting Claim in Fiduciary Relationship: A party sued an organization for breach of contract and asserted a claim for an accounting based on a written agreement granting the party an exclusive right to exploit a resource in exchange for fixed payments and a share of the net profits, with the defense asserting that the claim for accounting was time-barred under the applicable statute of limitations because the party was aware of the relevant transactions, which was refuted because the claim for an accounting arises from a fiduciary relationship, which tolls the statute of limitations until the fiduciary duty is repudiated or there is an open disavowal of the relationship, and since the organization did not provide a clear renunciation of its fiduciary obligations, the court held that the cause of action for accounting accrued at the time of the final accounting, not when the initial breach or transaction occurred, thereby affirming the lower court's finding that the claim was timely filed.

Schlagwörter

KI-generiert
Treuhandvertrag Pflichtverletzung Verjährungsfrist Gewinnanspruch Klagegrund vertraglicher Schadenersatz

Zitierte Gesetzesbestimmungen

KI-generiert
KI-generiert

Zentrale Rechtsfragen, extrahiert von Legislator

KI-generiert
Art. 66 al. 1 LTF

Cited in the dispositive regarding the distribution of court costs.

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