Mitchell International Enterprises, Inc. v. Daly

Durham, A.C.J.

Mitchell International Enterprises, Inc. (Mitchell) appeals from a judgment awarding it nominal damages against Carey F. Daly. Daly cross-appeals from a prior partial summary judgment entered in favor of Mitchell.

In February 1977, Mitchell discharged Daly from his position as comptroller with the company. It then served him with a summons and complaint alleging misappropriation of over $72,000 of company funds. In response, Daly sent Mitchell a letter offering to reimburse the company $36,000. In June 1977, Mitchell and Daly entered into a compromise agreement settling the…