Can a director or officer acting bona fide as such induce his or her own corporation to breach a contract?
Ontario, Canada
The following excerpt is from Density Group Limited v. HK Hotels LLC, 2012 ONSC 3294 (CanLII):
The Said v. Butt principle, which continues to be applied by Ontario courts stands for the proposition that a director or officer acting bona fide as such cannot induce his or her own corporation to breach a contract. To hold otherwise would render officers and directors personally liable for every breach of contract by a corporation.
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