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Article: A Director's Liberty to Compete

TitleA Director's Liberty to Compete
Authors
KeywordsBreach of fiduciary duty
Conflict of interest
Directors' powers and duties
Fiduciary duty
Good faith
Issue Date2007
PublisherSweet & Maxwell Ltd. The Journal's web site is located at http://www.sweetandmaxwell.co.uk/Catalogue/ProductDetails.aspx?recordid=476&productid=7128
Citation
Journal of Business Law, 2007, p. 98-103 How to Cite?
AbstractComments on the Chancery Division decision in Shepherds Investments Ltd v Walters on whether directors of an asset management company specialising in insurance policies who initiated the establishment of a rival business during their terms of office were in breach of their fiduciary duties. Reviews the policy adopted in previous case law, the court's approach to conflicting authorities and its reliance on the Court of Appeal ruling in Item Software (UK) Ltd v Fassihi. Considers the implications of the judgment's prescription of positive fiduciary duties and the continuing influence of the historic rule in London and Mashonaland Exploration Co v New Mashonaland Exploration Co.
Persistent Identifierhttp://hdl.handle.net/10722/74653
ISSN

 

DC FieldValueLanguage
dc.contributor.authorLee, PW-
dc.contributor.authorHo, L-
dc.date.accessioned2010-09-06T07:03:36Z-
dc.date.available2010-09-06T07:03:36Z-
dc.date.issued2007-
dc.identifier.citationJournal of Business Law, 2007, p. 98-103-
dc.identifier.issn0021-9460-
dc.identifier.urihttp://hdl.handle.net/10722/74653-
dc.description.abstractComments on the Chancery Division decision in Shepherds Investments Ltd v Walters on whether directors of an asset management company specialising in insurance policies who initiated the establishment of a rival business during their terms of office were in breach of their fiduciary duties. Reviews the policy adopted in previous case law, the court's approach to conflicting authorities and its reliance on the Court of Appeal ruling in Item Software (UK) Ltd v Fassihi. Considers the implications of the judgment's prescription of positive fiduciary duties and the continuing influence of the historic rule in London and Mashonaland Exploration Co v New Mashonaland Exploration Co.-
dc.languageeng-
dc.publisherSweet & Maxwell Ltd. The Journal's web site is located at http://www.sweetandmaxwell.co.uk/Catalogue/ProductDetails.aspx?recordid=476&productid=7128-
dc.relation.ispartofJournal of Business Law-
dc.subjectBreach of fiduciary duty-
dc.subjectConflict of interest-
dc.subjectDirectors' powers and duties-
dc.subjectFiduciary duty-
dc.subjectGood faith-
dc.titleA Director's Liberty to Compete-
dc.typeArticle-
dc.identifier.openurlhttp://library.hku.hk:4550/resserv?sid=HKU:IR&issn=0021-9460&volume=&spage=98&epage=103&date=2007&atitle=A+Director%27s+Liberty+to+Competeen_HK
dc.identifier.emailHo, L: lusinaho@hkucc.hku.hk-
dc.identifier.authorityHo, L=rp01250-
dc.identifier.hkuros134623-
dc.identifier.spage98-
dc.identifier.epage103-
dc.publisher.placeUnited Kingdom-

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