Legal Opinion

Duncan v. MORENO ENERGY, INC.

Louisiana Court of Appeal

Decided March 10, 2010No. 09-1033PublishedCited by 2 opinions

1Opinion of the Court

AMY, Judge.

|1Two minority shareholders sought damages from the defendant corporation and two of its directors, among others, related to their ouster from a predecessor corporation. The trial court granted the defendants’ partial motion for summary judgment, determining that, to the extent the plaintiffs could prove damages to the value of their stock in the predecessor corporation, their pecuniary damages would be limited to the difference between the amount they were paid for their stock and the value of the stock on the day before the short-form merger. The plaintiffs appeal, alleging that…

2Cases cited5 opinions

  1. Copenhaver v. John Bonura & Co.Louisiana Court of Appeal · 1925
  2. Cutsinger v. RedfernSupreme Court of Louisiana · 2009
  3. Schultz v. GinsburgSupreme Court of Delaware · 2009
  4. Duncan v. Moreno Energy, Inc.Louisiana Court of Appeal · 2008
  5. Yuspeh v. KochLouisiana Court of Appeal · 2003

3Cited by2 opinions

  1. Duncan v. Moreno Energy, Inc.Louisiana Court of Appeal · 2013
  2. Robert Duncan v. Moreno Energy, Inc.Louisiana Court of Appeal · 2013

Showing a preview — retrieve the full document via the Exa API.

Powered by the Exa API