(Year) The rule against self-dealing applies even if the fiduciary duty acts in the purchase only as an agent for others.
Citations:
10 Ves 381
Jurisdiction:
England and Wales
Cited by:
Cited – Newgate Stud Company, Newgate Stud Farm Llc v Penfold, Penfold Bloodstock Limited ChD 21-Dec-2004
The claimants sought damages from the defendant. He had been employed to manage their horse-racing activities, and it was alleged that he had made secret profits. The defendant denied any dishonesty, saying all matters were known to the deceased . .
Lists of cited by and citing cases may be incomplete.
Company
Updated: 24 November 2022; Ref: scu.220726