Varden Nuttall Ltd and another v Nuttall and another

Company – Director. The claimant administrators' claim against the first defendant company director (N) succeeded in part. The Chancery Division held that N had been content to enhance the fees obtained from insolvency cases by entering into agreements with third party service providers as a means of enhancing the fees received. He had acted in dishonest breach of his duties as a supervisor, and had been in negligent (but not dishonest) breach of his duties as a director of the company in relation to the manner in which he supervised the company's accounting.

Category: