Shareholder Disputes Merger on Breach of Fiduciary Duty, Misrepresentation

Business Valuation Update BVLaw
Legal and Court Case Update
January 22, 1999
7929 Bands, Orchestras, Actors, and Other Entertainers and Entertainment Groups
711130 Musical Groups and Artists
breach of fiduciary duty
breach of fiduciary duty

Goodwin v. Live Entertainment, Inc.
1999 Del. Ch. LEXIS 5
US
State Court
Delaware
Court of Chancery
Strine

Summary

Stockholder challenges merger by vote of stockholders based on breach of fiduciary duty, misdisclosure of material facts, and unfair dealing.

See Also

Goodwin v. Live Entertainment, Inc.

At issue is breach of fiduciary duty by defendant in connection to a merger.