Dansie v. City of Herriman

NEHRING, Justice:

INTRODUCTION

¶ 1 The City of Herriman was added to the roster of Utah cities in 1999. Soon thereafter, Herriman decided that it would provide water to its residents through a municipal water system. At the time, Herriman owned no water, no wells, nor any delivery infrastructure, but the Herriman Pipeline and Development Co. (“Company”) did. The City, set about to acquire, the Company’s assets. It succeeded, much to the distress of a number of the Company’s shareholders, who sued the City and certain directors of the Company. Defendants filed a succession of summary judgment…