Provides a brief overview of the Supreme Court of Delaware in 1939 with the opinion of Guth v. Loft, a widely cited application of the “corporate opportunity doctrine.” Examines the socio-legal basis for regulation, if a company or manager may not be able to take advantage of a business opportunity related to the situation of the company, in light of the manager’s fiduciary duties.

Provides a brief overview of the Supreme Court of Delaware in 1939 with the opinion of Guth v. Loft, a widely cited application of the “corporate opportunity doctrine.” Examines the socio-legal basis for regulation, if a company or manager may not be able to take advantage of a business opportunity related to the situation of the company, in light of the manager’s fiduciary duties.
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from
Lynn Sharp Paine,
Christopher M. Bruner
2 pages.
Publication Date: Jul 07, in 2005. Prod #: 306015-PDF-ENG
Guth v. Loft: Synopsis HBR case solution

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