The Elements for the Remedy of Disgorgement of Profits
In Nevada, in order to qualify for the remedy of disgorgement of profits, one must plead and prove:
- Defendant owes another a fiduciary duty;
- Defendant has breached the fiduciary duty and profited thereby;
- Causation and damages; and
- Plaintiff is entitled to have Defendant disgorge profits which are the result of his breach.
G.K. Las Vegas Ltd. P’ship v. Simon Prop. Grp., 671 F. Supp. 2d 1203 (D. Nev. 2009); Alley v. Nevada Real Estate Div., 94 Nev. 123, 125; 575 P.2d 1334, 1335 (1978); Women’s Fed. Savings and Loan Assoc. V. Nevada Nat’l Bank, 81 F.2d 1255, 1260 (9th Cir. 1987); Holland Realty Inv. Co. v. State of Nevada, Dept. of Commerce, Real Estate Div., 84 Nev. 91, 97-98; 436 P.2d 422, 425-26 (1968).
See elements for other claims at the Nevada Law Library
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