High Court determines that the first defendant, a former fiduciary of the plaintiff companies, breached his duties by diverting a street project for his own benefit and that of his co-defendants. The court ordered the first defendant to account for profits earned from the breach. The claims against the third, fourth, and fifth defendants were dismissed, as no fiduciary relationship or wrongful acts were established. The corporate defendants controlled by the first defendant were also held accountable for the profits, while the sixth, seventh, and eighth defendants were not ordered to account, as no direct involvement in the breach was proven.
Fiduciary duty - Breach of duty - Gardiner Street project - Accounting for profits - Trust law - Diversion of business opportunity - Corporate defendants - Dismissal of claims - Equitable remedies - Interest on profits