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A Corporate Opportunity? … Stolen?

By Charles Sartain on December 16, 2015
Posted in Litigation

rejectedCo-author Alexandria Moore

If you want to get to the meaning of a case, one exercise is to put yourself in the shoes of one participant or the other and see how you react to the events. (This also works well with Bible stories, by the way.) Last week we discussed Huff Energy fund LP …

What is a Corporate Opportunity?

By Charles Sartain on December 10, 2015
Posted in Litigation

board of directorsCo-author Alexandria Moore

Let’s say two fellows are in the oil business and one of his activities is as a director of an exploration company. A deal comes in, they present it to the company, but take it for themselves, Did they steal the opportunity from the company? In Huff  Energy Fund LP v. Longview …

About Charles Sartain

I have been helping clients of all types resolve their commercial disputes for most of my 35 years as a lawyer. Of the many industries in which I have worked, the energy business is the most fascinating…More

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