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Articles Posted in corporate opportunity doctrine

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Violation of Corporate Opportunity Doctrine Held Actionable

The fiduciary duty owed by corporate officers and directors includes an obligation not to usurp a corporate business opportunity for personal gain but to allow that opportunity to be enjoyed by the corporation, to which it is said to belong. (See Feddeman & Co. v. Langan Assocs., P.C., 260 Va.…

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