Donahue v. rodd electrotype company
WebTauro, C.J. The plaintiff, Euphemia Donahue, a minority stockholder in the Rodd Electrotype Company of New England, Inc. (Rodd Electrotype), a Massachusetts corporation, brings this suit against the directors of Rodd Electrotype, Charles H. Rodd, Frederick I. Rodd and Mr. Harold E. Magnuson, against Harry C. Rodd, a former …
Donahue v. rodd electrotype company
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WebApr 2, 1996 · In Donahue v. Rodd Electrotype Co., 367 Mass. 578, 593 (1975), this court recognized a fiduciary duty by a majority shareholder of "utmost good faith and loyalty" toward shareholders of a close corporation. A claim based on this duty is an equitable claim against individual stockholders. Zimmerman v. Bogoff, 402 Mass. 650, 660-661 (1988). … WebEUPHEMIA DONAHUE vs. RODD ELECTROTYPE COMPANY OF NEW ENGLAND, INC. & others. 1 Mass. App. Ct. 876. February 20, 1974. The plaintiff, an eighteen per cent minority stockholder in a close Massachusetts corporation, has appealed from a final decree of the Superior Court dismissing her bill by which she sought, derivatively in behalf of the …
WebThis Article seeks to articulate precisely how Donahue v. Rodd Electrotype Co. and its progeny changed the law of fiduciary duty in closely held corporations. Surprisingly, some of the changes that Donahue is credited with may not be changes in corporate law at all, while other changes suggested by Donahue (and acted on by later cases) deserve more … WebDonahue v. Rodd Electrotype Co. of New England, Inc., - Mass. -, 328 N.E.2d 505 (1975) The term "close corporation" generally connotes a business association in the corporate form, with a small number of share-holders who actively participate in the management of the business, and whose shares are not publicly traded.
Web14 - Commentary on Donahue v. Rodd Electrotype from Part V - Closely Held Businesses and Other Considerations Regarding the Composition of Boards, Management, and … Web曹兴权,王心茹(西南政法大学 民商法学院,重庆 401120)股份回购会使公司资产向股东单方向流出,因此被认为在经济实质 ...
WebOct 31, 2011 · In Donahue v. Rodd Electrotype Company of New England, Inc., 367 Mass. 578 (1975), the Supreme Judicial Court defined both the dis-tinguishing characteristics of a closely held corporation and the nature of the duties that shareholders in such an entity owe each other. In particular, Donahue announced the now well …
WebMay 2, 1975 · Donahue v. Rodd Electrotype Co. of New England, Inc. 1 Mass. App. Ct. 876 (1974). The case is before us on the plaintiff's application for further appellate … hd160 isolofoam panelWebCitationDonahue v. Rodd Electrotype Co., 367 Mass. 578, 328 N.E.2d 505, 1975 Mass. LEXIS 875 (Mass. 1975) Brief Fact Summary. Donahue (P), a minor shareholder in a … golden child prophecyWebseminal case of Donahue v. Rodd Electrotype Co., 367 Mass. 578 (1975), the Massachusetts Supreme Judicial Court (SJC) adopted the oft-cited duty of “utmost good faith and loyalty” between a close corporation’s shareholders, relying on the fiduciary duties owed between partners as precedent. In recent years, the growing popularity of hd 15tbWebRodd.7 When her offer was refused, she filed suit in Massachu-setts state court to have the purchase rescinded. After taking evidence, the trial judge dismissed the bill of complaint on the merits, and the appeals court affirmed.8 In Donahue v. Rodd Electrotype Co.,9 the Massachusetts 1Donahue v. Rodd Electrotype Co., 328 N.E.2d 505, 510 (Mass ... hd15 portWebDec 31, 2014 · Donahue v. Rodd Electrotype Company of New England should be viewed as a beachhead of progress concerning fiduciary duties owed among the shareholders in … hd15 monitor cableWebMar 2, 2024 · Donahue v. Rodd Electrotype Co. of New England, Inc. United States; United States State Supreme Judicial Court of Massachusetts; May 2, 1975...333 Mass. 445, 446, 131 N.E.2d 376 (1956). However, all inferences to be drawn from the facts are open on this appeal. Malone v. goldenchild pump it up youtubeWebDonahue v. Rodd Electrotype Co. of New England, Inc. Document Cited authorities 75 Cited in 379 Precedent Map Related Vincent Page 505 328 N.E.2d 505 367 Mass. 578 … golden child pump it up lyrics