Summary
The Illinois Court of Appeals affirmed the lower court's refusal to permit a minority shareholder from bringing a derivative action as a direct action against the majority shareholder in addition to the pending appraisal action. The court noted that the v ...
Richard A. Small v. Paul Sussman, et al.
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See Also
Derivative Causes of Action Should Be Considered When Determining Fair Value
The Illinois Court of Appeals affirmed the lower court's refusal to permit a minority shareholder from bringing a derivative action as a direct action against the majority shareholder in addition to the pending appraisal action.