South African law: Fiduciary duties of employees

Ramsay Webber Law

RamWeb Facebook Profile PicThe case of Phillips v Fieldstone Africa (Pty) Ltd and another 2004(3) SA 465 (SCA) dealt with the fiduciary duties of employees in relation to their employer, in cases where the employee is not a director of the employer.  It is important to note that the fiduciary duties of directors also extends to non-directors.

The main issue in this case concerned the liability of an employee to account to his employer for secret profits made by the employee out of an opportunity arising in the course of his employment.

View original post 757 more words

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s