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MARYLAND METALS v. METZNER

[No. 100, September Term, 1977.]

282 Md. 31 (1978)

382 A.2d 564

MARYLAND METALS, INC. v. SIDNEY S. METZNER ET AL.

Court of Appeals of Maryland.

Decided February 1, 1978.

Attorney(s) appearing for the Case

John J. Sweeney, Jr., with whom was Lynn F. Meyers on the brief, for appellant.

Emanuel H. Horn and Jacob B. Berkson, with whom was Richard F. McGrory on the brief, for appellees.

The cause was argued before SMITH, DIGGES, LEVINE and ELDRIDGE, JJ., and JOHN P. MOORE, Associate Judge of the Court of Special Appeals, and ANSELM SODARO, Chief Judge of the Eighth Judicial Circuit, specially assigned.

LEVINE, J., delivered the opinion of the Court.

In this appeal we consider the extent to which officers and high-level managerial employees may, prior to termination of the employment relationship, make preparations to compete with their corporate employer without violating fiduciary obligations running to the corporation. The chancellor (Rutledge, J.), sitting in the Circuit Court for Washington County, denied the request of appellant, Maryland Metals, Inc., for...

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