The Weekly Law Reports
[1954] 2 WLR 832
[HOUSE OF LORDS.]
BRIESS AND OTHERS APPELLANTS; AND WOOLLEY AND OTHERS RESPONDENTS.
1954 Mar. 8,
9,
10.
Ap. 1.
Ap. 1.
LORD OAKSEY, LORD REID, LORD TUCKER, LORD ASQUITH OF BISHOPSTONE and LORD COHEN.
Company
— Shares
— Sale
— Fraud of director during negotiations
— Sale authorized by members
— Fraud preceding authorization
— Tort complete when fraud acted on
— Whether innocent shareholders liable vicariously to purchasers of shares.
Fraud. Vicarious liability.