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Hong Kong
Hui Sik Wing v China Resources (Holdings) Co Ltd
[2002] 1 HKLRD 217
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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