Third Party Liability for Dishonesty Extended

The Privy Council in the recent Brunei decision of Royal Brunei Airlines Sdn Bhd v Tan has widened the liability of third parties who assist in a breach of trust. They will now be liable if they have dishonestly facilitated an otherwise honest breach. This decision is of fundamental importance to professionals, such as bankers, lawyers and accountants, who deal with other persons' financial or business affairs.