Legal Opinion
G & N AIRCRAFT, INC. v. Boehm
Indiana Supreme Court
Decided March 2, 2001No. 45S05-0003-CV-221PublishedCited by 70 opinions
1Opinion of the Court
ON PETITION FOR TRANSFER
BOEHM, Justice.
This case deals with the obligations of a majority shareholder in a close corporation and the remedies available to a minority shareholder for breach of those duties.
Factual and Procedural Background
G & N Aircraft, Inc., is an Indiana corporation engaged in overhauling and rebuilding piston engines for aircraft. G & N was founded in 1962 by Paul Goldsmith and Ray Nichols. By the early 1990s, G & N was owned 34% by Erich Boehm, 26% by Goldsmith, 16 2/3% each by Richard Gilliland and James McCoy, and 6 2/3% by Greg Goldsmith, Goldsmith's son. Goldsmith…
2Cases cited26 opinions
- Meinhard v. SalmonNew York Court of Appeals · 1928
- Aronson v. LewisSupreme Court of Delaware · 1984
- Brehm v. EisnerSupreme Court of Delaware · 2000
- Jane Perlman v. C. Russell Feldmann, Newport Steel CorporationCourt of Appeals for the Second Circuit · 1955
- Wilkes v. Springside Nursing Home, Inc.Massachusetts Supreme Judicial Court · 1976
21 more not listed; retrieve them via the Exa API.
3Cited by70 opinions
- Prime Mortgage USA, Inc. v. NicholsIndiana Court of Appeals · 2008
- Robert B. Allen v. Devon Energy Holdings, L.L.C. F/K/A Chief Holdings, L.L.C, and Trevor D. Rees-Jones, Texas Court of Appeals, 1st District (Houston)2012
- Dinuro Investments, LLC v. CamachoDistrict Court of Appeal of Florida · 2014
- Brodie v. JordanMassachusetts Supreme Judicial Court · 2006
- Shriner v. SheehanIndiana Court of Appeals · 2002
65 more not listed; retrieve them via the Exa API.