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Company – Liquidation. In 2010, the claimant, Goldtrail, a tour operator was placed into administration and thousands of its customers were stranded abroad. Goldtrail subsequently went into liquidation. It brought a claim against the first defendant, A, its sole director and shareholder for breach of fiduciary duties and breach of s 175 of the Companies Act 2006, and against other defendants for dishonest assistance. The Chancery Division, in allowing the claim, held that the first defendant was liable to Goldtrail for his misapplication of its money in breach of his fiduciary duties. The fact that the first defendant had been the sole director and 100% shareholder of Goldtrail did not prevent his conduct from being a breach by him of his fiduciary duty. The other defendants were jointly and severally liable to pay equitable compensation to Goldtrail for dishonestly assisting A.
Company – Liquidation. In 2010, the claimant, Goldtrail, a tour operator was placed into administration and thousands of its customers were stranded abroad. Goldtrail subsequently went into liquidation. It brought a claim against the first defendant, A, its sole director and shareholder for breach of fiduciary duties and breach of s 175 of the Companies Act 2006, and against other defendants for dishonest assistance. The Chancery Division, in allowing the claim, held that the first defendant was liable to Goldtrail for his misapplication of its money in breach of his fiduciary duties. The fact that the first defendant had been the sole director and 100% shareholder of Goldtrail did not prevent his conduct from being a breach by him of his fiduciary duty. The other defendants were jointly and severally liable to pay equitable compensation to Goldtrail for dishonestly assisting A.
The Bar Council faces both opportunities and challenges on our key areas this year
Exclusive Q&A with Henry Dannell
Casey Randall of AlphaBiolabs discusses the benefits of Non-invasive Prenatal Paternity testing for the timely resolution of family disputes
By Louise Crush of Westgate Wealth Management
Have you considered being a barrister in the British Army? Here’s an insight into a career in Army Legal Services
Rachel Davenport, Co-founder and Director at AlphaBiolabs, discusses the role that drug, alcohol and DNA testing can play in non-court dispute resolution (NCDR)
Senior barristers reflect on the progress made since the publication of Race at the Bar: A Snapshot Report in 2021, as well as the persistent challenges and cultural shifts still needed. Interviews by Mariam Diaby
‘Hard work and commitment can open doors. I believe that I am proof of that,’ says Senior Treasury Counsel Louise Oakley. She tells Anthony Inglese CB about her journey from Wolverhampton to the Old Bailey
What's it like being a legal trainee at the Crown Prosecution Service? Amy describes what drew her to the role, the skills required and a typical day in the life
Barbara Mills KC wants to raise the profile of the family Bar. She also wants to improve wellbeing and enhance equality, diversity and inclusion in the profession. She talks to Joshua Rozenberg KC (hon) about her plans for the year ahead
The winning essay is ‘A fiction of defendant participation: Single Justice Procedure offences should be moved to the civil jurisdiction’ by Hal McNulty