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Account of Profits in United Kingdom

Definition of Account of Profits

In accordance with the work A Dictionary of Law, this is a description of Account of Profits : A remedy that a claimant can claim as an alternative to damages in certain circumstances, e.g. in an action for breach of *copyright. A successful claimant is entitled to a sum equal to the monetary gain the defendant has made through wronging the claimant.

Concept of Account of Profits in IP Law

Lambert defined account of profits as follows: A remedy for infringement of an IPR. Assessment of the profits that a wrongdoer has gained from his or her wrongdoing.

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(2020, 03). Account of Profits lawi.org.uk Retrieved 07, 2021, from https://lawi.org.uk/account-of-profits/

03 2020. 07 2021 <https://lawi.org.uk/account-of-profits/>

"Account of Profits" lawi.org.uk. lawi.org.uk, 03 2020. Web. 07 2021. <https://lawi.org.uk/account-of-profits/>

"Account of Profits" lawi.org.uk. 03, 2020. Accesed 07 2021. https://lawi.org.uk/account-of-profits/

Agostino Von Hassell, 'Account of Profits' (lawi.org.uk 2020) <https://lawi.org.uk/account-of-profits/> accesed 2021 July 31

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Schema Summary

  • Article Name: Account of Profits
  • Author: Agostino Von Hassell
  • Description: Definition of Account of Profits In accordance with the work A Dictionary of Law, this is a description of Account of [...]

This entry was last updated: March 31, 2020

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