RMS Technology, Inc. v. Stenbock

Plaintiff Christman and defendant Stenbock 1 were officers and directors of plaintiff RMS Technology, Inc. (RMS). Each owned 42.5 percent of the stock of RMS. The remaining 15 percent was owned by Griggs-Anderson, an entity that played no significant role in the events that we will address. For several years before 1989, Stenbock was regularly employed elsewhere. However, he began working full time for RMS early that year, and he and Christman quickly developed serious disagreements. Their disagreements eventually resulted in litigation, including this and other proceedings. The parties filed…