Summary
The Utah Court of Appeals affirmed the lower court’s decision to consider the effect of a majority shareholder’s breach of fiduciary duty on the stock value when determining that stock’s value in a dissenting shareholders’ appraisal action. It found that ...
Bingham Consolidation Company v. Robert Groesbeck, et al.
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See Also
Loss of Value Occasioned by Majority Shareholder’s Breach of Fiduciary Duty Considered in Statutory Appraisal Action
The Utah Court of Appeals affirmed the lower court’s decision to consider the effect of a majority shareholder’s breach of fiduciary duty on the stock value when determining that stock’s value in a dissenting shareholders’ appraisal action.