Fair Value May Be Awarded to Controlling Shareholder When Minority Shareholder Is the Oppressing Party

Business Valuation Update BVLaw
Legal and Court Case Update
November 15, 2001

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shareholder dissent/oppression
Trifad Entertainment, Inc., et al. v. Brad Andersen, et al.
2001 MT 227
US
State Court
Montana
Supreme Court
Leaphart

Summary

The Montana Supreme Court determined that Anderson, a minority shareholder, violated the business corporation code when he dissolved Trifad Entertainment without notice to the majority shareholder.

See Also

Trifad Entertainment, Inc., et al. v. Brad Andersen, et al.

Full Text of Court Cases
November 15, 2001

The Montana Supreme Court determined that Anderson, a minority shareholder, violated the business corporation code when he dissolved Trifad Entertainment without notice to the majority shareholder. The Supreme Court found that even though the assets of th ...