“… speech of Lord Templeman in Guinness v Saunders where Lord Templeman used it to describe the award of such remuneration in Phipps v Boardman by Wilberforce J ([1964] 1 WLR 993, 1018), an award which was upheld by the House of Lords. However, that provides little assistance as to what circumstances will be regarded as exceptional, and…”
“…contract on behalf of the construction company as the directors only knew of the contractual opportunity by virtue of their directorships. In Phipps v Boardman [1964] 1 WLR 993 (affirmed [1965] Ch 1992, and [1967] 2 AC 46), where agents of certain trustees purchased shares, in circumstances where they only had that opportunity because…”
“…“In support of a claim for an equitable allowance, reference was made to the decision of Wilberforce J. in Phipps v Boardman [1964] 1 WLR 993. His decision was upheld by the Court of Appeal [1965] Ch. 992 and ultimately by this House under the name of Boardman v Phipps [1967] 2 A.C. 46. In that case …”