Is there a fiduciary duty of loyalty, good faith honesty and avoidance of conflict and self-interest to the corporate employer?
Ontario, Canada
The following excerpt is from Way v. Schembri, 2019 ONSC 819 (CanLII):
Although Way referred to the first line of paragraph 175 of the D’Elia Estate v. D’Elia, [2008] O.J. No. 5772 for the proposition that “Top or high echelon management as well as directors, owe fiduciary duty of loyalty, good faith honesty and avoidance of conflict and self-interest to the corporate employer”, the remainder of the paragraph bears no resemblance to the facts of this case.
"The most advanced legal research software ever built."
The above passage should not be considered legal advice. Reliable answers to complex legal questions require comprehensive research memos. To learn more visit www.alexi.com.
Other Questions
What is the duty of an employer to seek alternate employment for employees who have lost their employment due to the loss of their employment? (Ontario, Canada)
What are the fiduciary duties of an employer in an employment relationship? (Ontario, Canada)
Is an applicant entitled to compensation for loss of employment due to the employer’s failure to mitigate her loss by making reasonable efforts to obtain suitable employment? (Ontario, Canada)
Does the Visitor have jurisdiction to adjudicate a dispute between a member of a corporation and a non-member of the corporation? (Ontario, Canada)
Can an Employment Standards Officer be found to be unqualified, unqualified or unqualified to be an employment standards officer? (Ontario, Canada)
What is an employer's obligation under section 5 of the Human Rights Code to ensure that an employee's right to equal treatment in employment without discrimination or harassment is not infringed? (Ontario, Canada)
When a vendor employer corporation is sold, can an employee be constructive dismissed if they continue to behave as if they were not advised of the sale? (Ontario, Canada)
Can a husband who encumbered his wife's matrimonial home by moving assets to a corporation in which he had no interest in the corporation? (Ontario, Canada)
What is the test for an employment application where the payor is intentionally unemployed or under-employed? (Ontario, Canada)
What are the characteristics of a fiduciary relationship and how have the fiduciaries of a beneficiary ever acted on their behalf? (Ontario, Canada)
