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Court of Appeal finds director in breach of fiduciary duties even where no loss to company

This report relates to 1 case(s)

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    Towers v Premier Waste Management Ltd [2012] IRLR 73 CA (0 other reports)

directors | fiduciary duties | conflict of interest

The Court of Appeal has confirmed that a director who has failed to disclose a benefit to his or her fellow directors will be in breach of the fiduciary duties of loyalty and "no conflict", even where there is no loss to the company.