Cullen Investments Ltd and others v Brown and others

Damages – Breach of contract. The parties had been concerned in a joint venture to explore development opportunities in the United Kingdom and Europe. The Chancery Division held, among other things, that the defendant directors were liable to the claimants for breach of directors' duties, by reason of their conflict of interest, arising from their involvement in another joint venture in Germany. The first defendant was also liable for breach of contract.

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