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PacLink Communications International Inc. v. Superior Court (Yeung)
Members of limited liability company have no standing to sue company other than by derivative action.
Corporations Sep. 6, 2001
Navellier v. Sletten
Independent trustees of mutual fund acted within their discretion under 'business judgment' rule in replacing investment adviser.
Corporations Sep. 4, 2001
Snukal v. Flightways Manufacturing Inc.
By statute, signatures of two corporate officers are necessary to bind corporation to lease.
Corporations Jul. 9, 2001
Snukal v. Flightways Manufacturing Inc.
Corporations Code Section 313 requires the signatures of two corporate officers to bind a corporation.
Corporations Jul. 8, 2001
Coors Brewing Company v. Stroh
Only prizes of inconsequential value may be awarded in cash prize sweepstakes conducted in connection with sale of alcoholic beverages.
Corporations Jul. 1, 2001
Cassel v. Sullivan
Complaint to value former partner's business interest need only specify relief sought, not specific dollar amount.
Corporations Jun. 28, 2001
Cedric Kushner Promotions Ltd. v. King
Anti-racketeering law applies where sole owner of corporation unlawfully conducts affairs of corporation, whether conducted within or beyond scope of corporation's authority.
Corporations Jun. 18, 2001
United & Informed Citizen Advocated v. Washington Utilities & Transportation Commission
Court upholds commission determination that United & Informed Citizen Advocates Network is telecommunications corporation.
Corporations Jun. 16, 2001
U.S. v. Kratzer
Order
Corporations Jun. 13, 2001
Awanderlust Travel, Inc. v. Kochevar
Dissolved corporation may assert claims to collect amounts owed on promissory note.
Corporations Jun. 11, 2001
Hoechst Celanese Corp. v. Franchise Tax Board
Pension reversion is not considered business income for purposes of the Uniform Division of Income for Tax Purposes Act.
Corporations May 25, 2001
Boyer v. Jones
Name of suspended corporation may be reserved and adopted by another corporation.
Corporations May 17, 2001
People v. Plyer
Order
Corporations May 15, 2001
Sabey v. Howard Johnson & Co.
Shareholder who suffers separate and distinct injury from other shareholders has right to sue on behalf of injured corporation.
Corporations Apr. 23, 2001
Hale v. Southern California IPA Medical Group, Inc.
Plaintiff in shareholder derivative action is required to provide $50,000 maximum as security for defendants' expenses regardless of number of moving defendants.
Corporations Mar. 13, 2001
Shore Limited Operating Partnership v. Veneman
Order
Corporations Mar. 6, 2001
Levy v. Levitt
Order
Corporations Mar. 6, 2001
Hawes v. Colorado Division of Insurance
Conditional offer does not establish fair market value for purpose of nonprofit conversion statute.
Corporations Feb. 5, 2001
Lapidus v. Hecht
Shareholder may bring direct suit for violation of voting rights but not for decrease in stock value.
Corporations Feb. 1, 2001
Palm Valley Homeowners Association v. Design, MTC.
Action brought by lawyers representing corporation previously suspended for failure to file information with State may be sanctioned for frivolous lawsuit
Corporations Jan. 31, 2001
Howard v. Everex Systems Inc.
CEO, who acting with scienter, signs SEC filing containing misrepresentations is liable as primary violator of Security Exchange Act Section 10(b).
Corporations Jan. 3, 2001
Kona Enterprises Inc. v. Estate of Bernice Pauahi Bishop
Bishop Estate is 'prevailing party' but is only entitled to attorney fees for plaintiffs' claims that are in 'nature of assumpsit.'
Corporations Jan. 3, 2001
Wilshire-Doheny Associates Ltd v. Shapiro
Indemnity provision entitles employees to recover attorney fees because they were acting on behalf of corporation.
Corporations Nov. 29, 2000
Gab Business Services Inc. v. Lindsey & Newsom Claim Services Inc.
Corporation officer who orchestrates mass exodus of corporations' employees to competitor breaches fiduciary duty.
Corporations Nov. 3, 2000
Stuparich v. Harbor Furniture Manufacturing Inc.
Reasonable dissolution of corporation isn't proper when minority shareholders receive substantial dividends and don't participate in day-to-day operations.
Corporations Nov. 2, 2000
Jans v. Nelson
Partner who guaranteed business debt is entitled to contribution equal to amount that he paid in excess of his fair share.
Corporations Oct. 26, 2000
Gab Business Services Inc. v. Lindsey & Newsom Claim Services Inc.
Corporation officer who orchestrates mass exodus of corporations' employees to competitor breaches fiduciary duty.
Corporations Sep. 15, 2000
Greenfield v. Fritz Companies, Inc.
Shareholders can recover damages for fraud when misrepresentations induce forbearance.
Corporations Aug. 30, 2000
Greenfield v. Fritz Companies, Inc.
Shareholders can recover damages for fraud when misrepresentations induce forbearance.
Corporations Aug. 30, 2000
McDermott, Will & Emery v. Superior Court (James)
Shareholder's derivative action against corporation's outside counsel cannot proceed because issue of attorney-client privilege precludes mounting of meaningful defense.
Corporations Aug. 29, 2000