A. Teixeira & Co., Inc. v. Teixeira
Supreme Court of Rhode Island
1Opinion of the Court
*1384OPINION
BOURCIER, Justice.
In this matter we consider the corporate opportunity doctrine. The defendants, Antonio L. Teixeira (Antonio) and Armenio Teix-eira (Armenio), appeal to this Court from a final judgment of the Superior Court following a jury verdict finding the defendants to have wrongfully taken a corporate opportunity from the plaintiff, A. Teixeira & Co., Inc. The final judgment imposed a constructive trust upon Armenio’s shares of stock in a retail liquor store known as Mendon Liquors and awarded punitive damages to the plaintiff corporation in the amount of $20,000. The defendants…
2Cases cited14 opinions
- Guth v. Loft, Inc.Supreme Court of Delaware · 1939
- Donahue v. Rodd Electrotype Co. of New England, Inc.Massachusetts Supreme Judicial Court · 1975
- Broz v. Cellular Information Systems, Inc.Supreme Court of Delaware · 1996
- Long v. Atlantic PBS, Inc.Supreme Court of Rhode Island · 1996
- Dowell v. BitnerAppellate Court of Illinois · 1995
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3Cited by31 opinions
- Notarantonio v. NotarantonioSupreme Court of Rhode Island · 2008
- DiLuglio v. Providence Auto Body, Inc.Supreme Court of Rhode Island · 2000
- Kurczy v. St. Joseph Veterans Ass'n, Inc.Supreme Court of Rhode Island · 1998
- Hendrick v. HendrickSupreme Court of Rhode Island · 2000
- Lawton v. NymanCourt of Appeals for the First Circuit · 2003
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