First Reference company logo

Inside Internal Controls

News and discussion on implementing risk management

machine cogs image

common law negligence

Ontario Superior Court comments on director and officer duties

A recent decision of the Ontario Superior Court of Justice addresses directors’ duties towards the corporation and its employees. Specifically, the court addressed whether a director or officer’s fiduciary duties extend to protecting an employee from the consequences of that employee’s own fraudulent acts.

 

, , , , , , , , ,