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Question: Case Problem with Sample Answer. Digital Commerce, Ltd., designed software to enable its clients to sell their products or services over the Internet. Kevin Sullivan served as a Digital vice president until 2000, when he became president. Sullivan was dissatisfied that his compensation did not include stock in Digital, but he was unable to negotiate a deal that included equity (referring to shares of ownership in the company). In May, Sullivan solicited ASR Corp.'s business for Digital while he investigated employment opportunities with ASR for himself. When ASR would not include an "equity component" in a job offer, Sullivan refused to negotiate further on Digital's behalf. A few months later, Sullivan began to form his own firm to compete with Digital, conducting organizational and marketing activities on Digital's time, including soliciting ASR's business. In August, Sullivan resigned after first having all e-mail pertaining to the new firm deleted from Digital's computers. ASR signed a contract with Sullivan's new firm and paid it $400,000 for work through October 2001. Digital filed a suit in a federal district court against Sullivan, claiming that he had usurped a corporate opportunity. Did Sullivan breach his fiduciary duty to Digital? Explain. [In re Sullivan, 305 Bankr. 809 (W.D.Mich. 2004)]
Mr Bing appointed Lok to purchase computers for the business from an overseas manufacturer. He gave Lok a limit of $80 000 in order to make the purchase of computers and necessary equipment. Advise Bing whether he will be bound by Lok's purchase. E..
The SEC has initiated criminal proceedings under the 1934 Act against Girard. What must be proven for Girard to be held criminally liable?
Analyze and explain/justify your rationale: which court has jurisdiction to hear the case, and why? What is the legal basis for the court's jurisdiction over Flowers (i.e., what type of jurisdiction exists over Flowers)?
How should you approach your team - how much of your personal feelings should you share and What are sonic key actions you should take?
You will need to provide a brief summary discussing what aspects of the topic you will explore and why that topic is relevant to strategies, advancements, and innovations in criminal evidence. In addition, you will need to ensure that scholarly an..
If Letisha does not pay and Sudson sues her for breach of contract, what legal arguments could be raised in Letisha's defense against the enforcement of the automatic renewal clause? Explain.
Explain Family First Farm Legal and Family First Farm is a small family-owned business in Florida that grows a variety of fruits and vegetables
Summary of the article. Which type of crime intervention/prevention strategy is being addressed
Adams v. Baker Albert Adams, a junior auditor for the State of Baker, is fired for being obese. He sues the state and the state's head auditor under the law, requesting back pay, damages, and an injunction against the head state auditor forbidding..
Which of the following is one of the purposes of law today? Identify the true statement about the role of law in the United States
The Children's Online Privacy Protection Act: deals only with the collection of data that will be disclosed to children. deals only with collecting, from children, information that will be disclosed publicly.
Pennek Motor Company now brings an action on the check that was not paid against Daye, who defends on the ground of failure of consideration. Is Pennek subject to this defense? Explain.
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