Gunderson v. Alliance of Computer Professionals, Inc.

How courts have described this case

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

• stating that a shareholder’s expectations “are presumptively reflected in the buy-sell agreement as to matters covered by the agreement”
• noting that \[t]ypical close-corporation shareholders commonly have an expectation of continuing employment with the corporation\
• noting that “[t]ypical close-corporation shareholders commonly have an expectation of continuing employment with the corporation”
• stating that unfairly prejudicial conduct is conduct that “frustrates the reasonable expectations” of a shareholder “in their capacity as shareholders or directors”
• analyzing claim of unfairly prejudicial conduct related to involuntary-dismissal clause in buy-sell agreement
• “Likewise, close-corporation shareholders owe each other a duty of loyalty, which encompasses an obligation to act with complete candor in their negotiations with each other.”

Source: CourtListener parenthetical corpus (CC0).