Fought v. Morris

How courts have described this case

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

• recognizing members of closely-held corporation-like members of partnerships-owe fiduciary duties to each other in addition to the corporation
• “‘any attempt [by the majority] to squeeze out a minority shareholder must be viewed as a breach of his fiduciary duty . . . .’”
• “ ‘any attempt [by the majority] to squeeze out a minority shareholder must be viewed as a breach of his fiduciary duty ....’”
• “The traditional view that shareholders have no fiduciary duty to each other, and transactions constituting ‘freeze outs’ or ‘squeeze outs’ generally cannot be attacked as a breach of duty of loyalty or good faith to each other, is outmoded.”
• regarding the “freezing out” of a minority shareholder

Source: CourtListener parenthetical corpus (CC0).