Directors’ and Officers’ Liability Claim Example – Supplier

Sunview Doors Limited v. Pappas 2010 ONCA 198, Released 16 March 2010, here – allegation of breach of contract for unpaid accounts following bankruptcy, but also an allegation of breach of trust against two directors and an office manager  “pursuant to the combined operation of s. 8 (statutory trust) and s. 13 (pi...
Posted: 10/28/2010 12:00:00 AM by Global Administrator

Fiduciary Duty vs. Fiduciary Liability

The term fiduciary is broadly defined as “Law.- a person to whom property or power is entrusted for the benefit of another.” The termfiduciary duty is used regularly throughout directors’ and officers’ liabilityand professional liability law and insurance, one specific area of professional liabili...
Posted: 3/28/2010 10:54:28 AM by Global Administrator

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