The Marquess was involved in a notable company law case, known as "the Marquess of Bute's Case", reported on appeal in 1892, called Re Cardiff Savings Bank 1892 2 Ch 100.
It is old law, but is still often mentioned as an extreme example of to what extent a "subjective" duty of care (as opposed to an objective duty of care under the modern law, see Re D'Jan of London Ltd and s.174 Companies Act 2006) allowed directors to escape consequences of their negligence.
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