Sherman v. Collingwood

How courts have described this case

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

• holding that Loft had an interest or expectancy in the Pepsi opportunity by virtue of its need for cola syrup for use in its retail stores
• holding that Loft had interest-or expectancy in business opportunity to purchase Pepsi-Cola because Loft had active desire to secure cola-supply for-distribution in its stores
• holding that Loft had interest or expectancy in business opportunity to purchase Pepsi-Cola because Loft had active desire to secure cola supply for distribution in its stores
• stating that officers and directors must “refrain from doing anything that would work injury to the corporation”
• explaining a constructive trust under Delaware law should disgorge all profits obtained as a result of a corporate breach of fiduciary duty
• explaining a constructive trust under Delaware law should disgorge all profits obtained as a result of a corporate breach of fiduciary duty

Source: CourtListener parenthetical corpus (CC0).