Brandt v. Somerville
North Dakota Supreme Court
1Opinion of the Court
KAPSNER, Justice.
[¶ 1] David Brandt, John Brandt, and Roy Brandt appealed and Dean Somer-ville, Margaret Somerville, and Posilock Puller, Inc., cross-appealed from a judgment and post-judgment order in Brandts’ shareholder action against Somervilles seeking damages for breaches of fiduciary duties and seeking an order requiring Somervilles to buy Brandts’ shares of Posi-lock for fair market value. We hold the trial court’s findings of fact about the Brandts’ claims for breaches of fiduciary duties are not clearly erroneous, the court did not err in applying the book value provision of a stock…
2Cases cited19 opinions
- Hogan v. HoganNorth Dakota Supreme Court · 2003
- Schumacher v. SchumacherNorth Dakota Supreme Court · 1991
- Balvik v. SylvesterNorth Dakota Supreme Court · 1987
- Fisher v. FisherNorth Dakota Supreme Court · 1996
- Sorlie v. NessNorth Dakota Supreme Court · 1982
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3Cited by57 opinions
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- Roemmich v. Eagle Eye Development, LLCCourt of Appeals for the Eighth Circuit · 2008
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