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Directors of a company can be sued for negligence if they fail to act with the care, skill, and diligence that a reasonable director would exercise under similar circumstances. Courts often apply the "business judgment rule," which protects directors from liability if their decisions are made in good faith, with due care, and in the belief that they are acting in the best interests of the company. However, if a director's actions are found to be grossly negligent or in breach of fiduciary duties, they may be held personally liable for any resulting damages. Key cases that illustrate these principles include Daniels v. Anderson and Re City Equitable Fire Insurance Co Ltd.

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4d ago

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