Shopping Bag

0 item(s) in cart/ total: $0    view cart
Free Instant Delivery  |  No Sales Tax
Home > Case Law > Corporations  >  Smith v. Atlantic Properties, Inc.
Smith v. Atlantic Properties, Inc.
Smith v. Atlantic Properties, Inc. Cartoons

Smith v. Atlantic Properties, Inc.

Minority shareholder fiduciary duty majority shareholders close corporation dividend.
Your Price: $10.00

Select Usage (details) :

Related Cartoons

Duty to Disclose Corporate Opportunities
Duty to Disclose Corporate Opportunities
Burg v. Horn; The question of whether director is required to offer business opportunity to corporation before taking advantage of it is determined according to relationship between particular director and corporation; accounting; constructive trust.
Intentional Acts Circumventing Shareholder Imposed Requirements
Intentional Acts Circumventing Shareholder Imposed Requirements
In Re Tyson Foods, Inc. Consolidated Shareholder Litig; A director who uses inside knowledge to enrich employees while avoiding shareholder-imposed requirements is not acting loyally and in good faith as a fiduciary; business-judgment rule.
Investment Advisers Salary Not Covered By Fiduciary Duty
Investment Advisers Salary Not Covered By Fiduciary Duty
Jones v. Harris Associates L.P.; Under section 36(b) of the Investment Company Act, a financial adviser has a fiduciary duty and owes an obligation of candor in negotiation, as well as honesty in performance, but not for negotiating own salary.
Freeze-Out Remedy
Freeze-Out Remedy
Brodie v. Jordan; The proper remedy for a freeze-out is to restore the minority shareholder as nearly as possible to the position she would have been in had there been no wrongdoing; close corporation; dividend; injunction.
In-Kind Distribution of Partnership Assets
In-Kind Distribution of Partnership Assets
Dreifuerst v. Dreifuerst; Unless otherwise agreed, partners who have not wrongfully dissolved the partnership have a right to wind up the partnership and force a sale of the partnership assets; partnership at will.
Board Members May Not Withhold Notice of Meeting From A Director
Board Members May Not Withhold Notice of Meeting From A Director
VGS, Inc. v. Castiel; Mangers that fail to provide notice to all board members of their intent to hold a meeting or seek consent to a written resolution violate their fiduciary duties to each other.
Assignment of Partnership Rights
Assignment of Partnership Rights
Bauer v. Blomfield Co.; An assignment of a partner's right, title, and interest in a partnership does not make the assignee a partner.
Separate Counsel In Derivative Action
Separate Counsel In Derivative Action
Bell Atlantic v. Bolger; A derivative action that alleges only a breach of the duty of care, and not a breach of the duty of loyalty, does not require separate legal representation of the corporate plaintiff and the management defendants.
Doctrine of Corporate Opportunity
Doctrine of Corporate Opportunity
Broz v. Cellular Information Systems, Inc.; corporate fiduciary generally must place the corporation's interests before his own, but here no valid expectancy interest and did not usurp any corporate opportunity.
Limited Liability Company Operating Agreement
Limited Liability Company Operating Agreement
Elf Atochem North America, Inc. v. Jaffari; a limited liability company is bound by the operating agreement signed by some members and that defines the LLC's governance and operation, even if the LLC itself did not sign.
Irrevocable Proxy
Irrevocable Proxy
Haft v. Haft; Under Delaware corporation law, an interest sufficient to support an irrevocable proxy must either be an interest in the stock itself or an interest in the corporation generally, such as being CEO.
Majority Shareholder Fiduciary Duty
Majority Shareholder Fiduciary Duty
Jones v. H.F. Ahmanson & Co.; Majority shareholders have a fiduciary responsibility to the minority and to the corporation to control the corporation in a fair, just, and equitable manner. All shareholders must benefit proportionately.