Hi Geoff
To your point
" And the Director's defence will need to be funded from their own pockets, not TZ's (ie our) money. I doubt that director's liability insurance (if they have it) will cover this, as it generally does not cover this type of issue."
I don't know why TZL wouldn't pay legal fees relating to the actions of their directors while performing their duties as directors regardless of their insurance cover.
I very much believe the costs of defence will come from TZ's coffers.
I don't condone what has happened here at all, but unless the action is against the Pie Eater himself then I'm not sure it is going to achieve that much. Certainly it won't feel like a moral victory to me without AS taking the bulk of the blame.
Zinc
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- so that clears things up
so that clears things up, page-44
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