Legal Opinion
Banks v. Vito
Connecticut Appellate Court
Decided August 1, 1989No. 7259PublishedCited by 8 opinions
1Opinion of the CourtDaly, J.
The defendants1 appeal from the order of the trial court denying their motion to dissolve a prejudgment remedy.
The plaintiffs, Glenn Banks and Erving Arnold, as minority shareholders of the defendant corporation, instituted an action against the corporation and two individual defendants alleging in an amended complaint2 *258that the individual defendants (1) diverted funds via dividends, salaries, commissions, pension plans and personal travel and entertainment; (2) breached their fiduciary duties as majority shareholders, officers and directors by utilizing corporate assets and profits for their…
2Cases cited22 opinions
- Texas v. BrownSupreme Court of the United States · 1983
- Yanow v. Teal Industries, Inc.Supreme Court of Connecticut · 1979
- Angelo Tomasso, Inc. v. Armor Construction & Paving, Inc.Supreme Court of Connecticut · 1982
- Solomon v. AbermanSupreme Court of Connecticut · 1985
- Three S. Development Co. v. SantoreSupreme Court of Connecticut · 1984
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3Cited by8 opinions
- Howad B. Silverberg v. Joanne S. BeckerDistrict of Columbia Court of Appeals · 2018
- Lux v. Environmental Warranty, Inc.Connecticut Appellate Court · 2000
- Chase Manhattan Bank, N.A. v. SheaConnecticut Appellate Court · 1991
- State v. RagalisConnecticut Appellate Court · 2025
- Baum v. United Cable Television, No. Cv 90 0044673 S (Jul. 20, 1992)Connecticut Superior Court · 1992
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