Cox v. C & H REFORESTERS, INC.

This is a dispute among the shareholders of C & H Reforesters, Inc. (C & H), a closely held corporation in the business of reforestation, clearing brush, and fighting forest fires. Plaintiff Michael Cox, a former employee of C & H and a 20 percent shareholder, filed a complaint pursuant to ORS 60.952, 1 alleging oppressive conduct by the other individual shareholders and seeking to require the individual shareholders and C & H (collectively, defendants) to allow plaintiff to redeem his shares in C & H pursuant to the terms of a stock purchase agreement. With their answer, defendants alleged…