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Chapter 2 - Gwu

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Grabbing and Leaving:<br />

Meehan v. Shaughnessy<br />

� Facts<br />

� What did Meehan and Boyle do without notifying their<br />

partners?<br />

� Why did they want to leave?<br />

� How did PC allocate partnership draw?<br />

� What breaches were alleged in management of<br />

individual cases?<br />

� Holding<br />

� May fiduciaries plan to compete?<br />

� What, if anything, did Meehan and Boyle do wrong?<br />

� What was the remedy?<br />

� How does this case differ philosophically from<br />

Meinhard?<br />

(c) 2004 60

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