Facts
In Plus Group Ltd did not like one of its partners, Mr Pyke. Mr Pyke refused to resign. The others tried to squeeze him out, by excluding him from management and severing his salary. Mr Pyke set up his own new company, and he got a lucrative contract with one of its major customers. In Plus then sued him for breach of fiduciary duty. They argued that he had procured a corporate opportunity for himself, when he owed it to the company.
Read more about this topic: In Plus Group Ltd V Pyke
Famous quotes containing the word facts:
““Now what I want is, Facts. Teach these boys and girls nothing but Facts. Facts alone are wanted in life. Plant nothing else, and root out everything else. You can only form the minds of reasoning animals upon Facts: nothing else will ever be of service to them.””
—Charles Dickens (1812–1870)
“I’m not afraid of facts, I welcome facts but a congeries of facts is not equivalent to an idea. This is the essential fallacy of the so-called “scientific” mind. People who mistake facts for ideas are incomplete thinkers; they are gossips.”
—Cynthia Ozick (b. 1928)
“My facts shall be falsehoods to the common sense. I would so state facts that they shall be significant, shall be myths or mythologic. Facts which the mind perceived, thoughts which the body thought—with these I deal.”
—Henry David Thoreau (1817–1862)