Fox v. 7L Bar Ranch Co.

How courts have described this case

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

• “[b]ecause of the special circumstances underlying closely held corporations, courts must determine the expectations of the shareholders concerning their respective roles in corporate affairs”
• never declared dividends; rented corporate land for far less than reasonable rental value
• In fashioning an appropriate remedy, the court should consider benefit or detriment to shareholders

Source: CourtListener parenthetical corpus (CC0).