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Corporations Keyed to Rhee
Broz v. Cellular Information Systems, Inc.
Citation:673 A.2d 148 (Del. 1996)
Robert F. Broz is the President and sole stockholder of RFB Cellular, Inc. Broz was also a member of the board of directors of plaintiff, Cellular Information Systems, Inc. The conduct before the court involves the purchase by Broz of a cellular telephone service license for the benefit of RFBC. The license in question, known as the Michigan-2 Rural Service Area Cellular License, is issued by the Federal Communications Commission. CIS brought an action against Broz and RFBC for equitable relief, contending that the purchase of this license constituted a usurpation of a corporate opportunity properly belonging to CIS irrespective of whether or not CIS was interested in the Michigan-2 opportunity at the time it was offered to Broz.
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