Directors Breach Fidcuiary Duty; Damages Not Limited to Fair Value

Business Valuation UpdateVol. 2 No. 6
Legal and Court Case Update
June 1996

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5812 Eating and Drinking Places
722511 Full-Service Restaurants
shareholder dissent/oppression
Ryan v. Tad's Enterprises
709 A.2d 682, 1996 Del. Ch. LEXIS 54
April 24, 1996
US
State Court
Delaware
Court of Chancery
David Lasater (for plaintiffs)<br>Subir K. Sanyal (for plaintiffs)<br>James T. Kuwada (for plaintiffs)<br>John Hempstead (for defendants)
Jacobs

Summary

This abstract summarizes certain key points in a dissent from a May 5, 1988, merger that squeezed out minority stockholders.

See Also

Ryan v. Tad's Enterprises

Full Text of Court Cases
April 24, 1996

At issue is the valuation of Tad's Enterprises.