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Dweck v. Nasser

2012 WL 161590 (2012)

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Dweck v. Nasser

Delaware Court of Chancery
2012 WL 161590 (2012)

Facts

Gila Dweck (defendant) and Albert Nasser (plaintiff) were long-time business partners who operated and served as officers of Kids International Corporation (Kids), a successful kids’ clothing company. Kevin Taxin (defendant) was also an officer of Kids. In 2005, Dweck and Nasser ended their business relationship, which led to several years of contentious litigation. At some point, Dweck and Taxin formed Success Apparel LLC (Success) and Premium Apparel Brands LLC (Premium), which were also kids’ clothing companies. Success and Premium competed directly with Kids, and Dweck and Taxin operated the companies using Kids’ resources, premises, and employees. Nasser sued Dweck and Taxin, alleging that they breached their fiduciary duties by establishing the competing businesses.

Rule of Law

Issue

Holding and Reasoning (Laster, J.)

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