Peter Smejkal was a corporate officer and director of J.A. Morrissey, Inc. (JAM), a construction company. While employed at JAM, Smejkal had his own excavation business and secretly performed excavation work on JAM projects on his own behalf. On one occasion he also used JAM employees for construction activities that were unrelated to JAM's projects. Additionally, Smejkal abused his position at the company and poisoned the relationship with three JAM clients while still an officer at JAM and then succeeded in obtaining those clients' projects for his own company after his termination from JAM. Did Smejkal owe duties of good faith and loyalty to JAM? If so, do you think Smejkal breached his duties of good faith an d loyalty to the corporation? Why or why not?
Answer to relevant QuestionsJarold Daniel Friedman worked as a temporary computer contractor for a pharmaceutical warehouse. The warehouse offered him a permanent position, but the warehouse required that he get a mumps vaccine, grown in chicken ...The Metacon Gun Club operated an outdoor shooting range adjacent to a river, a golf course, a riding stable, several private homes, and a state park. The Simsbury-Avon Preservation Society, a corporation composed of ...Investors brought a class action lawsuit against man- agers of a corporation, claiming that the managers made misleading statements that caused them to over- pay for the corporation's stocks. An expert concluded that the ...Occupational exposure to lead entails health risks, including the risk of harm to any fetus carried by a woman subjected to such exposure. Eight employees of an employer, in whose battery manufacturing process lead was a ...As part of its ongoing efforts to uncover overhyped health claims in food advertising, the Federal Trade Commission issued an administrative complaint charging the maker of POM Wonderful 100% Pomegranate Juice with making ...
Post your question