The Newgate Stud Co & Newgate Stud Farm LLC v (1) Anthony Penfold (2) Penfold Bloodstock Ltd (2004)
Judgment Date: 21 Dec 04
Summary A director and agent of companies was in breach of the self-dealing rule because he failed to obtain informed consent to sales when partnerships in which he was interested acquired race horses from those companies. Facts The claimant companies (C) claimed against the first defendant director (D1) for breach...