ABSTRACT
Harold Holdsworth & Co (Wakefield) Ltd v Caddies (1955) HL The respondent, Mr Caddies, had been appointed, for five years, managing director of the appellant company pursuant to an agreement which required him to perform the duties and exercise the powers in relation to the appellant company and the businesses of its subsidiary companies which were assigned to or vested in him by the appellant company’s board of directors. Following differences arising between Mr Caddies and the rest of the board of the appellant company the board resolved that he confine his attention solely to the running of the business of one of the appellant’s subsidiary companies. Mr Caddies claimed that this was a repudiation of the agreement by which he was appointed managing director by the appellant company.
