Grubb v. Bagley

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February 25, 1998

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6141 Personal Credit Institutions
522291 Consumer Lending
breach of fiduciary duty
breach of fiduciary duty
Grubb v. Bagley
1998 Del. Ch. LEXIS 30
US
State Court
Delaware
Court of Chancery
Balick

Summary

At issue is breach of fiduciary duty and breach of a stockholders' agreement.

See Also

Cashed-Out Stockholders Seek Intrinsic Value of Stock, Not Book Value

Legal and Court Case Update
April 1998

Defendants seek summary judgment on claims by minority shareholders who were cashed out in a merger where the unaffiliated stockholders received $200 cash for each of their shares in Herget Financial.