LAW 529 Lecture Notes - Lecture 3: Multai, Gie, Histology

• School: Ryerson University
• Department: Law and Business
• Course: LAW 529
• Professor: Liz Scott

Document Summary

Employment and labour claw 529 class 3. Fact scenario 1 fiduciary duty chapter 4. Robert whyte worked as an employee and director in aquafor beech ltd. , a small engineering firm engaged in various water-related projects (dredging, measuring storm-water flows, etc. ) Although he was a director, he had little input into the direction of the company, which was dominated by its president, david maunder. After thinking about setting up their own competing business for some period of time, whyte and a colleague at the fi(cid:396)(cid:373), bill dai(cid:374)t(cid:455), fi(cid:374)all(cid:455) left. T(cid:449)o (cid:455)ea(cid:396)s late(cid:396) a(cid:395)uafo(cid:396) sued wh(cid:455)te and dainty, alleging they had breached their fiduciary duty. Aquafor alleged that the two men breached their fiduciary duty by: Secretly planning to leave and set up a competing firm; it is fiduciary. Appropriating corporate opportunities (cid:894)taki(cid:374)g fo(cid:396) o(cid:374)e"s o(cid:449)(cid:374) use(cid:895); yes. Faili(cid:374)g to gi(cid:448)e ade(cid:395)uate (cid:374)oti(cid:272)e of thei(cid:396) depa(cid:396)tu(cid:396)e (cid:894)the(cid:455) had p(cid:396)o(cid:448)ided app(cid:396)o(cid:454)i(cid:373)atel(cid:455) o(cid:374)e (cid:373)o(cid:374)th"s (cid:374)oti(cid:272)e(cid:895).