Article
Corporate law update: 18 - 24 July
The Supreme Court has clarified the boundaries of directors' fiduciary duties, ruling that a director breached his obligations by deliberately concealing information from fellow board members during a company sale process. This landmark decision examines whether genuine belief in acting for the company's benefit can justify unilateral action and information withholding, establishing important precedents for corporate governance and the duty of good faith.

Macfarlanes LLP
