RV v ZL LCRO 85/2012 (23 May 2016) [pdf, 70 KB]
...appropriate for Mr ZL to act for both the vendor and the purchaser in a related party transaction, when the property was allegedly sold at a substantial loss and Mr ZL was aware of the original purchase price. (c) Whether Mr ZL breached any duty of care to Mr RV as a shareholder of [Company A]. [10] The Committee addressed each issue. Conflict of interests [11] The Committee noted that the issue was not so much one of a conflict of interests but whether Mr ZL potentially was in...