Does Buy-Sell Agreement Trump Statutory Shareholder Remedies?

Business Valuation UpdateVol. 14 No. 11
Legal and Court Case Update
November 2008
8011 Offices and Clinics of Doctors of Medicine
breach of fiduciary duty

Kortum v. Johnson
2008 WL 3931544 (N.D.)
August 28, 2008
US
State Court
North Dakota
Supreme Court
Sara K. Sorenson
none
Maring

Summary

Court considers whether a buy-sell agreement can “bargain away” statutory remedies available to minority shareholders in oppression cases.

See Also

Kortum v. Johnson

Court considers whether a buy-sell agreement can “bargain away” statutory remedies available to minority shareholders in oppression cases.