L2 Concerns Detail Editor
Concern #296 | Breach of Fiduciary Duty by Trustees
Title
Breach of Fiduciary Duty by Trustees
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Description
Trustees may have prioritised external interests over those of owners, failing to disclose conflicts of interest, and enabling unjust transactions.
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Origin
Phil & Joan email 08sep25
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Desired Outcome
Independent investigation into trustee behaviour, leading to disqualification or legal recourse where appropriate.
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What Could Go Wrong
Trustees remain in power, and their past behaviour is normalised.
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Current Situation
No visible disciplinary or accountability measures.
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Strategy Narrative (JSON)
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Proposed Strategy
Document specific decisions made by trustees that favour other parties, especially Saltmarsh.
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Action Strategy (JSON List)
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Cause
Trustees acting without transparency or consultation.
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Event
Potential collusion, opaque decision-making.
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Consequence
Diminished owner rights and long-term erosion of trust.
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Notes
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