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Movitex v Bulfield [1988] BCLC 104

Country:
United Kingdom
  • Articles of company:

    1. CAN exempt director from liability where he put himself in position of potential conflict of interest

    2. CANNOT exempt director from liability where there was an actual conflict of interest

      • I.e. here, director is always liable if he does not prefer the interests of company, regardless of what articles say

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