Shopping Bag

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

Wilkes v. Springside Nursing Home, Inc.

Close corporation legitimate business purpose freeze out minority shareholder terminating employment valid breach fiduciary duties.
Your Price: $10.00

Select Usage (details) :

Related Cartoons

Shareholders Are Entitled to Full Disclosure
Shareholders Are Entitled to Full Disclosure
Gantler v. Stephens; Shareholder ratification applies only to circumstances where fully informed shareholder vote approves director action that does not legally require shareholder approval in order to become legally effective.
Interest and Independence are Different
Interest and Independence are Different
Orman v. Cullman; director is "interested" when he derives benefit from transaction that is not shared with other shareholders but lacks "independence" when his decision about transaction controlled directly or indirectly by another; disinterested.
Director Breach of Fiduciary Duty
Director Breach of Fiduciary Duty
In Re Tyson Foods, Inc. Consolidated Shareholder Litig; Directors owe shareholders total and complete loyalty, good faith, independence, and candor; motion for judgment on the pleadings.
Implied Authority
Implied Authority
Dweck v. Nasser; Implied authority is agent reasonably believes he has, shown by evidence of acquiescence of the principal; actual authority; apparent agency; apparent agent; apparent authority; express agency; implied agency.
LLC Manager Has Authority To Bind
LLC Manager Has Authority To Bind
Taghipour v. Jerez; Under Utah law, documents that provide for the acquisition, mortgage, or disposition of property of the LLC are binding on the LLC if they are signed by a manager; limited liability company.
LLC Cannot Be After The Fact Shield For Member Fraud
LLC Cannot Be After The Fact Shield For Member Fraud
Pepsi-Cola Bottling Co. v. Handy; Delaware law protects members and managers of an LLC from liability for obligations of the LLC solely by reason of being or acting as LLC members or managers, but not for other reasons; piercing the corporate veil.
LLC Agreement Controls Disassociation
LLC Agreement Controls Disassociation
Lieberman v. Wyoming.com LLC; The operating agreement of an LLC determines the rights and obligations of the members with regard to a member who has disassociated from the LLC.
Dissolution of Partnership Requires Liquidation
Dissolution of Partnership Requires Liquidation
McCormick v. Brevig; In dissolution because it is no longer reasonably practicable for a partnership to carry on its business, the partnership assets must be liquidated and the net surplus in cash must be distributed to the partners.
Exit Provisions Of A Limited Liability Company
Exit Provisions Of A Limited Liability Company
Haley v. Talcott; Contractual provisions in an LLC agreement that provide a mechanism for a member to exit will be enforced only if they equitably effect the separation of the parties.
Acquisition Tender Offer By Controlling Shareholder
Acquisition Tender Offer By Controlling Shareholder
In re Pure Resources, Inc. Shareholder Litigation; Acquisition tender offer by a controlling shareholder must be non-coercive: non-waivable majority of the minority tender condition; consummate a prompt short-form merger; no retributive threats.
Relationship Corporation and Bondholders Is Contractual
Relationship Corporation and Bondholders Is Contractual
Katz v. Oak Industries, Inc.; The relationship between a corporation and its bondholders is contractual in nature, and the rights and obligations of the parties will be spelled out in the documentation of that relationship.
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.