Source: All England Reporter
Publisher Citation: [2003] All ER (D) 182 (Feb)
Neutral Citation: [2003] EWHC 153 (Ch)
Court: Chancery Division
Judge:

Patten J

Representation John Wardell QC (instructed by DLA) for the claimant.
  Timothy Sisley (instructed by Coffin, Mew & Clover) for the defendants.
Judgment Dates: 13 February 2003

Catchwords

Companies - Director - Fiduciary duty - Formation of new companies - Diversion of business opportunities to new companies - Breach of duty.

The Case

An otherwise innocent company director would be held liable for the consequences of breaches of fiduciary duty by the other directors of the company only if there was found to have been culpable inactivity on his part.

Practice Areas

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