Demoulas v. Demoulas Supermarkets

BVLaw
Full Text of Court Cases
March 13, 1997
5411 Grocery Stores
445110 Supermarkets and Other Grocery (except Convenience) Stores
malpractice (legal)
damages

Demoulas v. Demoulas Supermarkets
424 Mass. 501, 677 N.E.2d 159
US
State Court
Massachusetts
Supreme Court
Greaney

Summary

At issue is whether the defendants wrongfully, and in breach of fiduciary duties, usurped corporate opportunities that should have been presented to DSM and Valley.

See Also

Brother Usurps Family Corporate Opportunity

The plaintiff, Arthur S. Demoulas, brought a stockholders' derivative action (see sidebar for definition), alleging that defendants usurped corporate opportunities.