Farah v. Heritage Paper Co.
Farah v. Heritage Paper Co.
Opinion of the Court
A claim and counterclaim, the defeat of which produced this appeal and cross-appeal, arose among former business associates in the aftermath of dissolving their relationship. After a bench trial the court rejected both claims on the merits. Substantial competent evidence supports the circuit court’s judgment. With particular reference to the counterclaim of appellee Heritage for damages allegedly sustained when appellants resigned their employment and entered a competing business, the trial court’s judgment for counterclaim defendants is sustainable either on the ground that there was no satisfactory showing of a cause of action — appellants ceased all activities as directors of appellee Heritage and briefly remained directors in name only after opening a competing business — or on the ground that Heritage’s damages were for the most part avoidable. The presumption of correctness which attends the trial court’s judgment on both claim and counterclaim has not been overcome.
AFFIRMED.
Concurring in Part
concurring in part, dissenting in part:
I would reverse that portion of the judgment below ruling against Appellee Heritage on the counterclaim for appellants’ breach of fiduciary duties.
I would remand for entry of judgment in favor of Appellee Heritage of $20,285.85, the amount shown without dispute to have been caused by appellants’ breach of fiduciary duties.
. Snead v. United States Trucking, 380 So.2d 1075 (Fla. 5th DCA 1980), cert. denied, 389 So.2d 1116, 1980 (Fla.); 19 C.J.S. Corporations, § 761, at 103-107.
Case-law data current through December 31, 2025. Source: CourtListener bulk data.