Noakes v. Schoenborn

How courts have described this case

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

• allowing a corporation that dissolved after filing a lawsuit to continue litigating, relying on ORS § 60.637(2)(f
• stating that it is “well-recognized” that “minority shareholders may bring a direct action, rather than a derivative action, if they allege harm to themselves distinct from the harm to the corporation or a breach of a special duty owed by the defendant to the shareholders”
• minority shareholder of small, closely held corporation, may bring either derivative or direct action for majority shareholder's breach of fiduciary duty
• “When the majority shareholders of a closely held corporation .. . breach .. . their fiduciary duties of loyalty, good faith and fair dealingf, those] actions . . . result in both derivative and individual harm[.]”

Source: CourtListener parenthetical corpus (CC0).