[3pmsaturday]

Originally Posted by Bagger Vance

But to prove breach of fiduciary duty there is a hurdle test to be applied “knowingly and wilfully” tends to be banded about - just not being very good doesn’t drag you into court for breach otherwise half the Directors I know would have been up before the courts!

As I say totally appreciate where you are coming from, agree with the sentiments but I wouldn’t suggest the board are yet in breach.

You are assuming some sort of trial. No, let’s acknowledge it and remedy it that’s all. It’s not a company law thing it’s a trust thing.