In certain circumstances, typically in trust also in agency and other relationship, equity will required one party to the relationship call the fiduciary to act in the best interest of the other party to the relationship called the principal.
Article 49 of TFEU
Viking, a large ferry operator, was incorporated under Finnish law. FSU was a Finnish union of seamen with about 10.000 members. The crewmembers of the Rosella, a ship, are all members of the FSU. The ITF is an ‘International Federation of Transport workers’ union with its headquarters in London. Viking wanted to reflag Rosella by … Read more