Dunaway v. Parker

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• holding a defendant, corporate officer had misappropriated a valuable corporate asset by not disclosing to the corporation during the sale of the corporation that he had negotiated a $300,000 payment for a noncompetition agreement
• noting that only other shareholders were defendant’s wife, children, and mother
• restrictive covenant normally runs in favor of the buyer to protect the goodwill he is purchasing
• plaintiffs’ alternative claim for direct relief properly before jury when possibility of multiple lawsuits unlikely and no possibility of prejudice to other interested stockholders

Source: CourtListener parenthetical corpus (CC0).