Abreu v. Unica Industrial Sales, Inc.

Defendants appeal from an adverse decision in a shareholder’s derivative action where the trial court found defendants had breached fiduciary obligations by usurping corporate opportunities and repeatedly attempting to acquire secret product formulas. The trial court awarded plaintiff monetary and injunctive relief, attorney fees, and appointed a provisional director to oversee the new board of directors and to break any deadlock between directors.

Defendants raise five issues on appeal: (1) whether the appointment of plaintiff’s son-in-law, the general manager of operations of the company, as…