Stephenson v. Drever

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December 15, 1997

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6531 Real Estate Agents and Managers
531311 Residential Property Managers
buy/sell agreement
minority shareholder
Stephenson v. Drever
16 Cal. 4th 1167, 69 Cal. Rptr. 2d 764, 947 P.2d 1301, 1997 Cal. LEXIS 7905
US
State Court
California
Supreme Court
Mosk, George, Kennard, Baxter, Werdegar, and Chin

Summary

At issue are the rights of the plaintiff, a minority shareholder, during the postemployment period necessary to determine the value of his shares pursuant to the buy-sell agreement.

See Also

Minority Shareholder Retains Rights Until Legal Title Is Relinquished

Legal and Court Case Update
February 1998

Minority shareholder (Plaintiff) was employed by Drever Partners Inc., a closely held company, and later became the chief operating officer of the company.