Wine Industry Conference Leads to Investment Opportunity: Ethical Considerations for Directors

(a) Pia is allowed to make the investment as long as it is not in conflict with her duties and responsibilities as a director of FWPL. However, it is important for Pia to consider any potential conflicts of interest and disclose them to the board of FWPL.\n\n(b) If Pia makes the investment and it is highly profitable, FWPL may take action against Pia if they can prove that she breached her fiduciary duties or failed to disclose a conflict of interest. This could include legal action seeking damages or other remedies. It is important for directors to act in the best interests of the company and avoid any conflicts of interest that could compromise their duty of loyalty to the company.