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Wessin v. Archives Corp.

Citations

  • 592 N.W.2d 460
  • 1999 Minn. LEXIS 285
  • 1999 WL 298511

How courts have described this case

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

  • concluding that allegations that;the corporation had improperly paid additional dividends to its majority shareholders were derivative
  • noting that claims based on “misappropriation and waste of corporate assets” are “traditional derivative claims”
  • explaining that “proper analysis of the complaint” must be performed to determine whether a claim under Minn. Stat. § 302A.751 is direct or derivative
  • declining to adopt exception and noting that “a closely held corporation is still a corporation with all of the rights and limitations proscribed by the legislature”

Source: CourtListener parenthetical corpus (CC0).

Judges: Gilbert

Read full opinion on CourtListener

Cited by

25 cases in this archive cite this case; the 20 most cited are listed.

Cites

13 cases in this archive are cited by this case.

Other cases named Wessin v. Archives Corp.

1 other CourtListener record shares this case name.

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.