Legal Opinion

Kelegian v. Mgrdichian

California Court of Appeal

Decided March 30, 1995No. B069066PublishedCited by 5 opinions

1Opinion of the Court

Opinion

HASTINGS, J.

On December 31, 1986, John Mgrdichian (Mgrdichian), a member of the board of directors (Board) of the California Commerce Club, Inc. (Corporation), purchased 200 shares, 14 percent of the outstanding shares, of Corporation stock from fellow Board member Herbert Stem (Stem). This purchase brought Mgrdichian’s holdings to 330 shares, 23 percent of the issued and outstanding shares of the Corporation. After Mgrdichian’s death on November 26, 1990, plaintiff and appellant shareholders Haig Kelegian (Kelegian), Zack Anter (Anter), Harry Massman (Massman), and Peter Lynch (Lynch)…

2Cases cited12 opinions

  1. New v. NewCalifornia Court of Appeal · 1957
  2. Weiss v. Kay Jewelry Stores, Inc.Court of Appeals for the D.C. Circuit · 1972
  3. Breswick & Co. v. BriggsDistrict Court, S.D. New York · 1955
  4. Perrott v. United States Banking CorporationDistrict Court, D. Delaware · 1944
  5. Faraclas v. City Vending Co.Court of Appeals of Maryland · 1963

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3Cited by5 opinions

  1. Iconix, Inc. v. TokudaDistrict Court, N.D. California · 2006
  2. ROBINSON, LEATHAM & NELSON, INC., Plaintiff-Appellant, v. John M. NELSON, IV, Defendant-AppelleeCourt of Appeals for the Ninth Circuit · 1997
  3. Calsoft Labs, Inc. v. PanchumarthiDistrict Court, N.D. California · 2020
  4. Center Healthcare Ed. & Res. v. Internat. Cong. Joint Reconst.California Court of Appeal · 2020
  5. Marriage of Miller CA4/1California Court of Appeal · 2021

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