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Corporate Law: Breach of Fiduciary Duty-Shareholder Oppression-Equitable Relief
Staff Report//April 29, 2019//
Where plaintiff brought an action for breach of fiduciary duty and for dissolution of the company or other equitable relief after she was removed as president and treasurer and her employment terminated, the judgments awarding damages and equitable relief to the plaintiff are affirmed because the defendants’ affirmative defenses failed, and the trial court did not abuse its discretion in admitting relevant evidence, and the judgment against plaintiff on her cross appeal challenging the determination of the value of her stock and the denial of prejudgment interest and attorney fees is also affirmed.
Judgment is affirmed.
Robinson v. Langenbach (MLW No. 73118/Case No. ED106781 – 32 pages) (Missouri Court of Appeals, Eastern District, Ransom, J.) Appealed from circuit court, St. Louis County, Kerr, J. (Paul J. Puricelli for appellant) (John G. Beseau for respondent).
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