Court of Appeal considers extent of fiduciary duties in joint venture agreements

10 September 2013

In the recent case of Ross River v Waveley Commercial Limited and Peter Barnett, ...

... the Court of Appeal considered the circumstances in which individuals who control companies will owe fiduciary duties to third parties who deal with their companies in the context of a joint venture agreement, and whether causing a company to incur legal costs to defend a claim may itself amount to a breach of duty.  Please click here for the full case report.