Shipley v. Meadowbrook Club, Inc.

How courts have described this case

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

• holding that even if the employee breached his duty of loyalty in misappropriating materials, this did not relieve the employer of its duty to provide shares of preferred stock to the employee under the contract
• holding that even if the employee breached his duty of loyalty in misappropriating materials, this did not relieve the employer of its duty to provide shares of preferred stock to the employee under the contract
• finding that employee’s conduct, including use of corporate assets that were later repaid, and possible conversion of a certificate of stock, did not merit application of this rule
• wrongful taking of a promissory note was damnum absque injuria since the note was concededly barred by limitations
• “[A] mere equitable interest will not suffice.”

Source: CourtListener parenthetical corpus (CC0).