About this document

BBMB v Lorrain Osman: Fiduciary Breach Case by Nurul Hidayat Ab Rahman is a document available to read on EtoBox.

The plaintiffs, two banks, sued the defendant director for breach of fiduciary duty and receiving secret profits. They obtained Mareva injunctions and an Anton Piller order to prevent the defendant from removing assets from jurisdiction. Several companies applied to set aside these orders. The court found the plaintiffs had a strong prima facie case. It allowed the injunctions on shares the defendant wholly controlled but not where he had minority shares. The orders properly balanced risk of assets being re

Author

Nurul Hidayat Ab Rahman

Language

EN