Gagliano v. Brennan (I)

BVLaw
Full Text of Court Cases
August 1, 2001
6712 Offices of Bank Holding Companies
551111 Offices of Bank Holding Companies
shareholder dissent/oppression

Gagliano v. Brennan (I)
344 N.J. Super. 83, 780 A.2d 553, 2001 N.J. Super. LEXIS 331
US
State Court
New Jersey
Court of Appeals
Donald Musso (for plaintiffs)<br>David Budd (for plaintiffs)<br>David Clarke (for plaintiffs)|Robert Walters (for defendants)|Christopher Hargrove (court-appointed)
Steinberg

Summary

At issue are the rights of a shareholder who voted against the plan, but then cashed in his or her shares for the price offered by the corporation to subsequently challenge the method of evaluation.

See Also

New Jersey Follows Delaware Law in Dissenters' Rights Case

Plaintiff minority dissenting shareholders appealed, and defendant corporation cross-appealed, the trial court valuation of corporate stock.