Reviewed case brief

Gluckstein v Barnes

[1900] AC 240

[1900] AC 240 · House of Lords

promoterfiduciary-dutysecret-profitfull-disclosurepartial-disclosure
Court
House of Lords
Year
1900
Subjects
Company Law
Reviewed
2026-08-02

Rule established

Promoters must disclose ALL profits connected with the company's formation; partial disclosure is insufficient; duty extends to every profit, not just the final sale

Facts

    Issues

      Held

        Ratio decidendi

        How to use it in an exam

        Editorial source

        [1900] AC 240

        Educational summary only. Read the reported judgment or an authorised law report before relying on the case professionally.