Bruemmer v. Gilligan

Citations

• 2024 Ohio 6039

Syllabus

EMPLOYMENT – CORPORATIONS – MINORITY SHAREHOLDERS – WRONGFUL DISCHARGE – BREACH OF FIDUCIARY DUTY – CONTRACTS - RELEASES: The trial court did not err in granting a motion for summary judgment filed by defendants majority shareholders on plaintiff minority shareholder's claims for breach of fiduciary duty and wrongful discharge where the evidence showed that the termination of plaintiff's employment had a legitimate business purpose. The trial court did not err in granting plaintiff's motion to dismiss defendants' counterclaim for damages based on the terms of two releases contained in two redemption agreements, where the clear and unambiguous language of the agreements showed that they only governed the purchase of plaintiff's ownership interest in the companies, not his employment relationship with the companies.