Next, the Confidentiality Claim also fails. In a claim for breach of confidentiality, the claimant must establish that the information in question had the necessary quality of confidence, and that it had been imparted in circumstances importing an obligation of confidence, before the burden of proof shifts to the defendant to show that his conscience is unaffected: I-Admin (Singapore) Pte Ltd v Hong Ying Ting and others [2020] 1 SLR 1130 (“I-Admin”) at [61]. Even assuming that the Claimants can make out the first two limbs of the test, the Defendant’s conscience has been proved to be unaffected. The Defendant explained that he had disclosed the information, namely the existence of the agreements and outstanding debt owed by Vuulr and the Claimants, to allow for the Board to make informed decisions. As Vuulr was on the brink of insolvency, the Defendant, as a director, was obliged to disclose to the board Vuulr’s financial position, including the circumstances concerning the Agreements with the Claimants. As the CEO of Vuulr, it was his duty to disclose the nature and quantum of outstanding debts owed by Vuulr. Furthermore, the First and Second Claimant were present at the meeting in question and made no objections to the discussion of the topic at the time, and in fact actively sought the repayment of the sums owed to the Third and Fourth Claimants. What the First and Second Claimants are essentially saying, is that they would not have disclosed the debts if they were in the Defendant’s position. I find that to be unacceptable because the Second Claimant was also a director in Vuulr. Vuulr subsequently became insolvent. As the Court of Appeal held in (I-Admin at [52]), “the intervention of equity ultimately depends on conscience”. I find that this case does not warrant the intervention of equity.