Regal (Hastings) Ltd v Gulliver
Regal (Hastings) is a classic U.K. fiduciary-duty case holding that directors who profit by reason of their fiduciary position must account to the company, even if the company could not itself have taken the opportunity and the directors acted in good faith.
Holding
Regal (Hastings) is a classic U.K. fiduciary-duty case holding that directors who profit by reason of their fiduciary position must account to the company, even if the company could not itself have taken the opportunity and the directors acted in good faith.
Issues
account of directors' profitscorporate opportunityduty of loyalty