Canadian Aero Service Ltd. v. O'Malley

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Canadian Aero Service Ltd. v. O'Malley

Hearing: May 11, 12, 15, 16, 24, 25, 1972
Judgment: June 29, 1973

<tr valign=top><td style="font-size: smaller;">Full case name: </td><td style="font-size: smaller;">Canadian Aero Service Limited v. Thomas M. O'Malley, J. M. (George) Zarzycki, James E. Wells, Terra Surveys Limited</td></tr><tr valign=top><td style="font-size: smaller;">Citations: </td><td style="font-size: smaller;">[1974] S.C.R. 592</td></tr><tr valign=top><td style="font-size: smaller;">Ruling: </td><td style="font-size: smaller;">Aero appeal allowed against O'Malley, Zarzycki, and Terra. Appeal dismissed against Wells.</td></tr>

Court membership

Case opinions

Unanimous opinion by: Laskin J.

Canadian Aero Service Ltd. v. O'Malley, [1974] S.C.R. 592, is a leading case decided by the Supreme Court of Canada on corporate director and officer liability. The Court held that anyone in a supervisory or controling role of a company has a fiduciary duty towards the company which includes the duties of "loyalty, good faith and avoidance of a conflict of duty and self-interest".