Martin Ice Cream Company - Page 31

                                                - 31 -                                                  
            the rights under his agreement with Mr. Mattus; petitioner never                            
            had an agreement with Arnold that would have caused those                                   
            relationships and rights to become petitioner’s property.  Even                             
            if there had been such an agreement, and the record shows that                              
            there was none, the value of these relationships and rights would                           
            not have become petitioner’s property in toto.  In 1974, Mr.                                
            Mattus sought Arnold as his agent to create a substantial                                   
            presence for H�agen-Dazs ice cream in supermarkets after Mr.                                
            Mattus had been able to achieve only minimal market penetration                             
            through his own efforts.  Mr. Mattus wanted what Arnold had                                 
            already created in the 1960's when he operated Arnold’s Ice                                 
            Cream--the critical relationships with key supermarket owners and                           
            managers and the marketing know-how necessary to put ice cream                              
            products in supermarket freezers.  See, e.g., Coskey’s Television                           
            & Radio Sales & Serv., Inc. v. Foti, 602 A.2d 789, 795 (N.J.                                
            Super. Ct. App. Div. 1992) (“What * * * [the employee] brought to                           
            his employer, he should be able to take away.”).  The record                                
            shows that, at most, petitioner had only the benefit of the use                             
            of these assets while Arnold was associated with petitioner--                               
            which contributed heavily to the profitability of petitioner                                
            during the years before the split-off.                                                      
                  Our conclusion that the rights under the oral agreement with                          
            Mr. Mattus, the personal relationships with supermarket owners                              
            and managers and the ice cream distribution expertise, belonged                             
            to Arnold rather than petitioner is confirmed by the disparity                              




Page:  Previous  21  22  23  24  25  26  27  28  29  30  31  32  33  34  35  36  37  38  39  40  Next

Last modified: May 25, 2011