Duty of Loyalty. Kids International Corporation produced children's wear for Walmart and other retailers. Gila Dweck was
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Duty of Loyalty.
Kids International Corporation produced children's wear for Walmart and other retailers. Gila Dweck was a Kids director and its chief executive officer. Because she felt that she was not paid enough, she started Success Apparel to compete with Kids. Success operated out of Kids' premises, used its employees, borrowed on its credit, took advantage of its business opportunities, and capitalized on its customer relationships. As an "administrative fee," Dweck paid Kids 1 percent of Success's total sales. Did Dweck breach any fiduciary duties? Explain. [Dweck v. Nasser, 2012 WL 3194069 (Del.Ch. 2012)] (See Corporate Directors and Officers.)
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The Legal Environment Of Business Text And Cases
ISBN: 9781285428949
9th Edition
Authors: Frank B. Cross, Roger LeRoy Miller
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