Legal Opinion

Johnson v. Tago, Inc.

California Court of Appeal

Decided December 31, 1986No. A028469PublishedCited by 7 opinions

1Opinion of the Court

Opinion

POCHÉ, J.

The issue presented is whether Corporations Code section 600 authorizes the award of expenses and attorneys’ fees to shareholders who are in the process of waging a corporate proxy fight. We hold that it does not.

Background and Procedural Sequence

Tago, Inc. is in the business of developing and marketing pharmaceutical products. Founded by Helga and Robert Johnson as a partnership in 1971, it was incorporated two years later in accordance with the laws of California. Tago’s shares are publicly traded. Prior to June 1984 Helga Johnson was one of Tago’s five directors, as well as…

2Cases cited31 opinions

  1. Bauguess v. PaineCalifornia Supreme Court · 1978
  2. Buxbom v. SmithCalifornia Supreme Court · 1944
  3. Mandel v. HodgesCalifornia Court of Appeal · 1976
  4. Fletcher v. A. J. Industries, Inc.California Court of Appeal · 1968
  5. Knoff v. City & County of San FranciscoCalifornia Court of Appeal · 1969

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3Cited by7 opinions

  1. Farrar v. Franchise Tax BoardCalifornia Court of Appeal · 1993
  2. City of South San Francisco v. Cypress Lawn Cemetery Ass'nCalifornia Court of Appeal · 1992
  3. Abouab v. City and County of San FranciscoCalifornia Court of Appeal · 2006
  4. Tetra Pak, Inc. v. State Board of EqualizationCalifornia Court of Appeal · 1991
  5. Hudec v. RobertsonCalifornia Court of Appeal · 1989

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