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Hmmm I am wondering why it is so limited. Is it purely monetary from the perspective of the director or to safeguard their own backs. Fiduciary duties are not legal per se really are they - they are more geared towards ethical, good faith or trust considerations - i.e. benefitting monetarily or making investment decisions that run against the interests of the corporation - or is there a blurred line.
You mention that a duty not to put the worker in an unsafe environment is more a legal duty - i am wondering if there is another aspect to this - it sound more like a moral and ethical obligation - so I wondering why it is not under the umbrella of a fiduciary duty?
With the wage claims, the director of the corporation is in essence a trustee for the employee so that director cannot spend or do away with those funds without the approval of the employees? Is this correct?
Yes, as soon as someone holds money for someone else, they become a trustee and trustees have fiduciary duties.
Fiduciary duty varies quite a bit among different jurisdictions, see
There is a fairly long summary on this posted at
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