William Carter, a former officer and employee of Wilson Construction Co., Inc., owned 317 shares of stock

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William Carter, a former officer and employee of Wilson Construction Co., Inc., owned 317 shares of stock in Wilson. Carter left Wilson to become part owner and employee of C&L Contracting Co., which was a direct competitor of Wilson. Carter requested access to Wilson’s corporate books to determine the value of his shares. Wilson refused, not wanting to divulge its business practices to a direct competitor. Decide. [Carter v. Wilson Construction Co., Inc., 348 S.E.2d 830 (N.C. App.)]

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Andersons Business Law and the Legal Environment

ISBN: 978-1133587583

22nd edition

Authors: David P. Twomey, Marianne M. Jennings

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