Hollis v. Hill

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Full Text of Court Cases
November 17, 2000
6111 Federal and Federally-Sponsored Credit Agencies
522292 Real Estate Credit
judicial dissolution
minority shareholder, valuation date

Hollis v. Hill
232 F.3d 460, 2000 U.S. App. LEXIS 29343
US
Federal Court
5th Circuit
United States Court of Appeals
Dixon & Company (pre-trial)<br>Jeff Schumacher<br>Rob Hancock
Politz

Summary

At issue is breach of fiduciary duty by the defendant for ordering a buy-out of the plaintiff's shares based on their corporation's value more than one year prior to the date of judgment.

See Also

Distinction between 50% and

This is an appeal from the United States District Court for the Southern District of Texas, in which appellant Dan Hill sought to overrule the District Court's ruling that he should buy out ...

Distinction between "equal" and "minority" immaterial

This is an appeal from the United States District Court for the Southern District of Texas, in which appellant Dan Hill sought to overrule the District Court's ruling that he should buy ou ...

Valuation Date Is the Date of Filing

The Fifth Circuit determined that under Nevada corporate law, shareholders in a closely held company financial services company have a fiduciary duty to each other. It defined fiduciary duty in this context. It then found that Hill breached this duty to ...