The English Court of Appeal decision in Philip Towers v Premier Waste Management Ltd [2011] EWCA Civ 923 is an instructive as a useful reminder to directors that they must, at all times, observe fiduciary duties of loyalty and avoid a conflict between personal interests and their duty to the company.
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RegisterEnglish Court of Appeal dismisses appeal by director against finding of breach of duty and upholds refusal of relief from breach
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United Kingdom
November 29 2011
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Edwin Yee
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Sony BMG Music Entertainment (Asia) Inc
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