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Hong Kong

Hui Sik Wing v China Resources (Holdings) Co Ltd

[2002] 1 HKLRD 217
JurisdictionHong Kong
Year2002
Statusunclear

Key Principle

A director who diverts a corporate opportunity to themselves or a connected party breaches the fiduciary duty of loyalty owed to the company. The director must account for any profit made from the misappropriated opportunity, irrespective of whether the company could have taken the opportunity itself.

Area of Law

Equity — fiduciary duties — corporate opportunity

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