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Slobox and Kolas, the founders of Sloko Electric Incorporated, each owned half of the corporation's shares and served as its only officers. Kolac brought a

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Slobox and Kolas, the founders of Sloko Electric Incorporated, each owned half of the corporation's shares and served as its only officers. Kolac brought a shareholder's derivative suit in a New York state court against Sloboy, alleging that he had diverted Sloko assets and opportunities to Hoteltron Systems, a corporation wholly owned by Slobox, The court held that Sloboy had wrongfully diverted the funds. On the issue of damages, Kolac argued that they should be awarded to him personally so that Slobov, as a shareholder in Sloke, would not be able to share in the proceeds of the award. How should the court rule? Discuss fully

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