(DOWNLOAD) "Wessin v. Archives Corp." by Minnesota Court of Appeals ~ Book PDF Kindle ePub Free
eBook details
- Title: Wessin v. Archives Corp.
- Author : Minnesota Court of Appeals
- Release Date : January 14, 1998
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 64 KB
Description
Reversed and remanded Hennepin County District Court File No. 951550 Considered and decided by Lansing, Presiding Judge, Klaphake, Judge, and Norton, Judge.** OPINION Minority shareholders in a closely held corporation sued the corporation, the majority shareholder, and a corporate officer for corporate misconduct. Ruling on a defense motion, the district court entered judgment on the pleadings, dismissed the complaint without prejudice, and denied the minority shareholders' motion to amend the pleadings and vacate the judgment. We reverse the judgment of dismissal, holding that the proper test for distinguishing between a direct and derivative claim is whether the shareholder has been injured directly and that an action under Minn. Stat. § 302A.751, subd. 1, involving overlapping direct and derivative claims does not trigger the derivative pleading requirements of Minn. R. Civ. P. 23.06 . *Retired Judge of the Minnesota Court of Appeals, serving by appointment pursuant to Minn. Const. art. VI, § 2.
 "Wessin v. Archives Corp." by Minnesota Court of Appeals ~ Book PDF Kindle ePub Free){kind=link}