I was reading some of Fungs affidavits from the court documents about how he is trying to protect shareholders. It will be interesting when Gowlings and the committee gets to see what is under the rock how truthful those statements are. I wonder how many of the Crystallex management are still dreaming of sugar plums as they feed from the trough and how many are worried about the definition of fiduciary duty.
A fiduciary duty is the highest standard of care. The person who has a fiduciary duty is called the fiduciary, and the person to whom he owes the duty, is typically referred to as the principal or the beneficiary. If an individual breaches the fiduciary duties, he or she would need to account for the ill-gotten profit.
Maybe our Christmas present will be put under the tree soon.
JJ