Jenkins v. Jenkins

SCHROEDER, Justice.

Jill Jenkins sued Scott Jenkins, Linda Hines (Hines), and Doug Jayo (Jayo), the officers and directors of Summer Wind Residence, Inc. (Summer Wind). Jill Jenkins had been a minority shareholder, and she alleged that the officers and directors breached their fiduciary duty by usurping a corporate opportunity that belonged to Summer Wind. The district court entered judgment for the officers and directors after a court trial.

I

FACTUAL BACKGROUND

Hines, Jayo, and Scott Jenkins incorporated Summer Wind on July 22, 1993. Hines was the president, Jayo was the vice president, and…