Baker v. Commercial Body Builders, Inc.

How courts have described this case

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

• holding conduct oppressive when majority shareholder prevented minority shareholder from reviewing corporate books, took salary increase while denying one to minority shareholder, removed minority shareholder as officer and director, and ceased notifying him of meetings
• explaining shareholders have “a legitimate interest in the participation in profits earned by the corporation”
• listing equitable remedies available for oppressive conduct, including equitable buyout, accounting and injunction against future oppressive acts
• listing ten alternatives to dissolution for resolving minority shareholder’s claims against close corporation
• single or even multiple breaches of fiduciary duty do not necessarily constitute oppression of minority shareholders unless they cause disproportionate loss to the minority or demonstrate that those in control are incorrigible and cannot be trusted
• listing various remedies, including “entry of an order requiring dissolution of the corporation at a specified future date, to become effective only in the event the stockholders fail to resolve their differences prior to the date”

Source: CourtListener parenthetical corpus (CC0).