Supreme Court allows damages award against company director for dishonesty despite prior acquittal on criminal charge.

The Supreme Court allowed the claim for damages against the company director, reversing the lower court's dismissal. Although the director was acquitted of criminal charges for dishonesty by the Court of Appeal, the court found that the civil standard of proof was met based on the same factual circumstances. The decision establishes that a criminal acquittal does not preclude a civil finding of liability for damages resulting from dishonest conduct.