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· 3/12/1986

Goode v. Ryan

Citations

  • 489 N.E.2d 1001
  • 397 Mass. 85

How courts have described this case

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

  • “refusal [to purchase] violated no agreement or corporate governance provision and did not violate any fiduciary obligation [the majority shareholders] owed to the plaintiff”
  • “refusal [to purchase] violated no agreement or corporate governance provi sion and did not violate any fiduciary obligation [the majority shareholders] owed to the plaintiff’
  • no obligation for shareholders to purchase other shareholders’ stock in corporation in absence of agreement to the contrary
  • where majority shareholders did not breach their fiduciary duty to the minority shareholder and where the corporate by-laws did not provide for a buy out on the death of a shareholder, the corporation was not required to purchase the decedent’s shares

Source: CourtListener parenthetical corpus (CC0).

Judges: Hennessey, Wilkins, Abrams, Lynch

Read full opinion on CourtListener

Sourced from CourtListener / Free Law Project (CC0).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.