Canadian Aero Service Ltd. v. O'Malley
- Canadian Aero Service Ltd. v. O'Malley
SCCInfoBox
case-name=Canadian Aero Service Ltd. v. O'Malley
full-case-name=Canadian Aero Service Limited v. Thomas M. O'Malley, J. M. (George) Zarzycki, James E. Wells, Terra Surveys Limited
heard-date=May 11, 12, 15, 16, 24, 25, 1972
decided-date=June 29, 1973
citations= [1974] S.C.R. 592
ruling=Aero appeal allowed against O'Malley, Zarzycki, and Terra. Appeal dismissed against Wells.
SCC=1972-1973
Unanimous=Laskin J.
"Canadian Aero Service Ltd. v. O'Malley", [1974] S.C.R. 592, is a leading civil case decided by the Supreme Court of Canada on corporate director and officer liability. The Court held that anyone in a supervisory or controlling role of a company has a fiduciary duty towards the company which includes the duties of "loyalty, good faith and avoidance of a conflict of duty and self-interest".
ee also
* List of Supreme Court of Canada cases
* "Peso Silver Mines Ltd. (N.P.L.) v. Cropper", [1966] S.C.R. 673
External links
* Full text available at [http://scc.lexum.umontreal.ca/en/1973/1974rcs0-592/1974rcs0-592.html lexum] and [http://www.canlii.org/en/ca/scc/doc/1973/1973canlii7/1973canlii7.html canlii]
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