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· 4/24/1974

Holi-Rest, Inc. v. Treloar

Citations

  • 217 N.W.2d 517
  • 1974 Iowa Sup. LEXIS 1318

How courts have described this case

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

  • incorporating individual recovery for minority stockholder into remedy awarded in derivative action challenging controller's extraction of excessive salaries and loans from corporation as well as other self-dealing transactions
  • “Of course, though the corporation is ordinarily named a defendant, it is the real plaintiff in interest, and beneficiary of any judgment recovered.”
  • duty of corporate officers and directors to corporation and minority stockholders
  • duty of corporate officers and directors to corporation and minority stockholders
  • “A shareholder’s derivative action is equitable in nature.”
  • court appointment of fiscal agent for corporation

Source: CourtListener parenthetical corpus (CC0).

Judges: Moore, Mason, Legrand, Reynoldson, Harris

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.