Corporate claims against directors or officers following the company’s unlawful conduct

• Main Author: WAN, Wai Yee
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2016
• Subjects: Loss shifting; Safeway; corporate illegality; Bilta v Nazir; Business Law, Public Responsibility, and Ethics; Business Organizations Law
• Online Access: https://ink.library.smu.edu.sg/sol_research/2541; https://ink.library.smu.edu.sg/context/sol_research/article/4499/viewcontent/DRAFT010315__1_.pdf
• Institution: Singapore Management University

When a company enters into a transaction or undertakes an action that turns out to be either illegal or otherwise exposes the company to substantial fines or other pecuniary sanctions, the question arises as to whether the company may then recover its fines, expenses and other losses from its direct...