Question
Case Analysis Questions: For each of the following questions provide a brief fact sheet, legal issues, and analysis. If any resource is referenced, a reference
Case Analysis Questions: For each of the following questions provide a brief fact sheet, legal issues, and analysis. If any resource is referenced, a reference is required
8.
a) Joe is a shareholder of XYZ Corporation, an extremely profitable corporation in the software business, and was upset when the directors of the corporation refused to declare a dividend again, ploughing the money back into research and development. Joe sued, along with several other shareholders, claiming that there was no excuse for withholding dividends under these circumstances. Explain the likely outcome.
b) Joe is an environmental activist and he acquired shares in Big Forestry Ltd. (a forestry corporation), only for the purpose of undermining Big Forestry Ltd. by speaking against their practices at annual shareholders' meetings and getting access to confidential information. Joe spoke against Big Forestry Ltd. at every opportunity. Explain his legal obligations to the corporation under these circumstances.
9.
a)Joe worked for Harry's Fine Toys for a period of six years. In September, he left Harry's Fine Toys and went to Sam's Toy Shop, a competitor, and disclosed Harry's Christmas line of toys. What could Harry do under these circumstances?
b) Joe wanted to start up a restaurant business. He did some research and found out McDonald's had not properly registered its trademark, the golden arches, in his particular area. Joe used a similar pair of arches over his restaurant and started a business. Explain any danger he might face.
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