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English Court of Appeal dismisses appeal by director against finding of breach of duty and upholds refusal of relief from breach

Allen & Gledhill LLP

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United Kingdom November 29 2011

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.

Allen & Gledhill LLP - Kenneth Lim Tao Chung and Edwin Tong, SC

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