Arctic Contractors, Inc. v. State

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• stating that the “rule against individual shareholder suits also applies where all the stock in the corporation is held by one person or by a small number of people”
• stating that the \rule against individual shareholder suits also applies where all the stock in the corporation is held by one person or by a small number of people\
• finding neither an injury separate from harms allegedly done to the corporation nor a special duty
• finding neither an injury separate from harms allegedly done to the corporation nor a special duty
• a shareholder has no personal right of action against third parties for acts producing injury to a corporation.

Source: CourtListener parenthetical corpus (CC0).