Hello please advise on solution of case F4ENG

Hello please advise on solution of case F4ENG

Raymond is a director of Atkinson Ltd, a soft drink company. In January, Raymond paid a visit to Charles who is the chief executive of ‘Carbon Cans Ltd’, a company that manufactures drinks cans and bottles aimed at the beer market. During their meeting, Charles informs Raymond that he has patented an ingenious design for a beer can which can keep beer at the correct temperature. Charles asks Raymond whether his company would be interested in licensing the product. In March, the board of directors of Atkinson decides that the company will enter into the beer market. In April, Raymond resigns as director and assumes the position of director of a rival company, and one of his first actions as director is to adopt the Carbon Cans licence as proposed by Charles. Raymond’s new company is making a roaring trade selling quality beer which remains fresh and cooler far longer than its competitors. Required: Explain the nature of the duties that a director owes to his company and whether Raymond is liable to account to Atkinson for the profit made