Posted AT 7:54 PM EST on 09/10/08
Supreme Court restores damages in corporate raid trial
The next time a banker, lawyer or accountant gets a notion to pack up and move to a competitor, clients in tow, it might pay to first have a read of a Supreme Court of Canada decision issued Thursday.
In 2002, a mass defection of investment bankers left their RBC Dominion Securities Inc. branch office in Cranbrook, B.C., and set up shop across town with Merrill Lynch.
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