Question: CASE SUMMARY 15.3 Morrison v. Gugle, 142 Ohio App. 3d 244 (2001) any information or access to the records, citing her authority to do so

CASE SUMMARY 15.3 Morrison v. Gugle, 142 Ohio

CASE SUMMARY 15.3 Morrison v. Gugle, 142 Ohio App. 3d 244 (2001) any information or access to the records, citing her authority to do so as president of the corporation. Mor- rison sued Gugle for, among other counts, breach of fiduciary duty SHAREHOLDER RIGHTS Morrison and Gugle incorporated a company, opened a retail store together, and agreed to a half owner- ship each. Each shareholder was an officer (Gugle as president, Morrison as secretary and treasurer), and cach was a director. Additionally, each was an active employee of the business. Gugle and Morrison had a variety of business disputes, and eventually Gugle, as president, fired Morrison. After the termination, Mor- rison demanded the right to inspect corporate records and financial documents, but Gugle refused to provide CASE QUESTIONS 1. Who prevails and why? 2. Does the president have the power to fire a fellow officer and director who is also half owner of the corporation? 3. What fiduciary duty, if any, was breached here

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