COMM 431 Chapter Notes - Chapter 7: Macmillan Bloedel, Fiduciary, Punitive Damages
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Anderson, smyth & kelly ltd (ask) v. world wide ltd (ww) Kelly began working at anderson smyth ltd. as customs broker. Kelly becomes director, officer, minority shareholder of anderson smyth ltd. , and is placed in charge of company"s edmonton office. Kelly begins profit sharing with william anderson, president. Company name changed to anderson, smyth, and kelly. Ww agrees to act as ask"s agent at its coutts office, becomes familiar with. Ask"s clients and had access to client lists and business information. Kelly solicits former ask clients and 21 of them move to ww within a few. Ask claimed that ww (mr. gouveia president of ww) improperly used confidential information. Ab business corporations act, s. 117(1)(a): every director and officer of a corporation exercising his powers and discharging his duties shall a) act honestly and in good faith with a view to the best interests of the corporation.
