LCRO 88/2022 GX v EJ (2 April 2024) [pdf, 236 KB]
...‘…while a company acts through its director, that does not mean that where a breach of trust is committed by a company through its Board, a beneficiary can maintain any action against the directors in respect of the breach of trust.’32 • ‘[The Judge] held that directors of a trust company stand in a fiduciary position only to the company and not to strangers dealing with the company – not even to a stranger who can be described as a beneficiary of a trust of which the compan...