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FERRIS v. POLYCAST TECHNOLOGY CORPORATION

180 Conn. 199 (1980)

JAMES J. FERRIS v. POLYCAST TECHNOLOGY CORPORATION

Supreme Court of Connecticut.

Decision released April 1, 1980.

Attorney(s) appearing for the Case

Emanuel Margolis, with whom were Steven Berglass and Guy Farina, for the appellant (defendant).

Richard Greenwald, with whom was James P. Driscoll, for the appellee (plaintiff).

COTTER, C. J., LOISELLE, BOGDANSKI, PETERS and HEALEY, JS.

PETERS, J.

This case concerns the relationship between a small corporation and one of its directors and officers. James J. Ferris, the plaintiff, brought an action to recover moneys lent as advances to and for the defendant, Polycast Technology Corporation. The defendant filed an answer denying liability and a counterclaim seeking damages for misuse of insider information, breach of fiduciary duty and misappropriation of corporate opportunity. After a trial to the...

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