''Ex parte James'' (1803) 32 ER 385 is an
insolvency
In accounting, insolvency is the state of being unable to pay the debts, by a person or company ( debtor), at maturity; those in a state of insolvency are said to be ''insolvent''. There are two forms: cash-flow insolvency and balance-sheet ...
and
company law case, concerning conflicts of interest, and the absolute duty to avoid them.
Facts
A bankrupt's estate was purchased by a solicitor to the commission of the bankrupt.
Judgment
Lord Eldon LC stated the following in his judgment.
See also
*''
Regal (Hastings) Ltd v Gulliver
, is a leading case in UK company law regarding the rule against directors and officers from taking personal advantage of a corporate opportunity in violation of their duty of loyalty to the company. The Court held that a director is in breach ...
''
9421 All ER 378
*''
Holder v Holder
''Holder v Holder'' 968Ch 353 is an English trusts law case concerning conflict of interest.
Facts
Victor Holder was an executor of his father’s will. He wanted to renounce executorship, after he had performed some tasks in that capacity. Unf ...
''
968Ch 353
Notes
References
*TE Chan,
Revisiting Ex Parte James 003Singapore Journal of Legal Studies 557-582
*Copy of Judgment in the English Report
United Kingdom company case law
United Kingdom insolvency case law
English trusts case law
Court of Chancery cases
1803 in British law
1803 in case law
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