Source: All England Reporter
Publisher Citation: [2002] All ER (D) 185 (Jun)
Court: Commercial Court
Judge:

David Steel J

Representation Adrian Beltrami (instructed by Reid Minty) for the claimant.
  Mark Hoyle (instructed by Roodyn Manski) for the defendants.
Judgment Dates: 25 June 2002

Catchwords

Company - Director - Breach of duty - Defendant director of claimant company ||Defendant entering into sale and purchase transaction of consignment of petroleum coke - Claimant alleging defendant wrongly misappropriating funds to enter into transaction - Whether defendant in breach of directors' duties in regard to transaction.

The Case

In an action brought by the claimant against a former director and one of his companies, in which it was alleged that the defendants had misappropriated the claimant's funds in breach of the first defendant fiduciary duties, judgment was given to the claimant on the facts.

Practice Areas

If you are a LexisLibrary subscriber you can read more about this case here.