Bhullar v Bhullar [2003] EWCA Civ 424 Case Summary
143 words (1 pages) Case Summary
14th Jun 2019 Case Summary Reference this In-house law team
Jurisdiction / Tag(s): UK Law
Bhullar v Bhullar [2003] EWCA Civ 424
Corporate opportunity doctrine
Duty to avoid conflicts of interest = duty to communicate opportunities
A director owes a duty to avoid conflicts of interests, including through the exploitation of a corporate opportunity.
In this case the company operated grocery stores, but also owned a commercial property which it let to tenant. The tenants used part of an adjacent property as a car park. One of the company’s directors saw a ‘for sale’ sign on the adjacent property. He caused a company which he controlled to buy the land without telling the other directors of the company. It was held that he was under a duty to communicate the opportunity to the company because it would have been a ‘worthwhile’ opportunity for the company.
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UK law covers the laws and legislation of England, Wales, Northern Ireland and Scotland. Essays, case summaries, problem questions and dissertations here are relevant to law students from the United Kingdom and Great Britain, as well as students wishing to learn more about the UK legal system from overseas.
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