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Boucher v Kennedy, [1999] OJ No 3482 (ON CA)

Facts:

Opportunity arises for a senior employee of the corporation.

Issue(s):

Whether a senior employee under obligation to offer it to the corporation?

Ratio:

All uses of an opportunity outside the corporation are not necessarily a breach of fiduciary duty. If the opportunity is unconnected with the business of the corporation, the senior employee does not have to offer it to the corporation.

Holding:

In favour of senior employee.


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