Court Denies Shareholder Standing to Sue as an Individual and Derivatively

Business Valuation Update BVLaw
Legal and Court Case Update
April 2, 2001

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breach of fiduciary duty
disclosure
Danielewicz v. Arnold
769 A.2d 274, 2001 Md. App. LEXIS 64
US
State Court
Maryland
Court of Special Appeals
Thieme

Summary

This appeal concerned stock in Arnold Factory Supply (AFS) that George Arnold's (Arnold) estate left in trust, of which plaintiff was the beneficiary.

See Also

Danielewicz v. Arnold

Full Text of Court Cases
April 2, 2001

At issue is breach of fiduciary duty to an individual stockholder.