case United Kingdom English original

Regal (Hastings) Ltd v. Gulliver

Classic UK decision requiring directors to account for profits made from a corporate opportunity obtained by reason of their office, even without fraud or bad faith.

Use It For

Use this with Guth, Kumagai-Zenecon, and Chinese loyalty-duty cases to compare strict fiduciary accountability across common-law systems.

Teaching Notes

Students should notice the difference between asking whether the company suffered loss and asking whether the fiduciary made an unauthorized profit.