Health Care Exec Fired For Disloyalty Owes $2.7M: Chancery

Law360 (February 26, 2019, 5:46 PM EST) -- The Delaware Chancery Court ruled Monday that a former president of a home health care provider owes the company $2.7 million and was properly removed for disloyalty after buying a building that the business was eyeing.

Chancellor Andre G. Bouchard ruled that Personal Touch Holding Corp. co-founder and former President Felix Glaubach owed about $2.7 million and was properly terminated after he usurped a corporate opportunity by secretly buying — and then trying to lease back to the provider — a building in Queens, New York, that Personal Touch had been eyeing for years as part of a planned expansion in...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!