Court Opinion

ID: 9849433
Source: CourtListenerOpinion
Date Created: 2023-09-24 04:40:08.410022+00
Date Added: 2024-06-11T09:19:23.851817
License: Public Domain

Weltner, Justice,
dissenting.
I respectfully dissent.
I agree with the majority’s recognition of the internal affairs doctrine at Division 1 of the opinion. I disagree, however, that our statute, OCGA § 14-2-153 (a) (1) (C), prohibiting the wrongful appropriation of a business opportunity is a regulation pertaining to “an internal affair.” Rather, it is a substantive and important expression of public policy relative to the standard of conduct required of a fiduciary. As such, it relates no more to “internal affairs” than would a criminal statute imposing sanctions for the theft by a director of the property of his corporation.