Rudolph Redmont, the president of Abbott Thinlite Corp., left Abbott to run Circle Corp. in competition with his former employer. It was claimed that he diverted contracts from his former employer to his new one, having gained the advantage of specific information about the deals in progress while employed by Abbott. Abbott sued Redmont and Circle Corp. to recover lost profits. Redmont contended that all of the contracts in question we remade after he left Abbott, at which time his fiduciary duty to Abbott had ceased. Decide. [Abbott Thinlite Corp. v. Redmont, 475 F.2d 85 (2d Cir.)]
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