Can director firms be ‘vicariously liable’?

DMS has had a case brought against it for ‘vicarious liability’. The case centred on whether DMS could be held vicariously liable for the actions of one of its directors.  

Campbells, the Cayman based law firm, who acted for DMS, has written the following on this case:

‘In a Judgment delivered on 2 July 2019, the Grand Court dismissed the Plaintiff’s application to amend his pleading and granted summary judgment in favour of DMS, thus dismissing the action in favour of the Defendants without a substantive trial.

To read more on this story see the August issue of The NED.