Smith v. Tele-Communication, Inc.
California Court of Appeal
1Opinion of the Court
Opinion
FEINBERG, J.
This is an appeal from a judgment of dismissal entered after the court sustained without leave to amend the demurrer of the parent corporation defendant Tele-Communication, Inc. (TCI), and the directors of the subsidiary, Crystal Brite Television, Inc. (Crystal Brite) (the individual defendants). The fifth amended complaint filed by plaintiff John Smith, the minority shareholder of the subsidiary, alleged fraud, breach of fiduciary duties, and sought an accounting. For the reasons set forth below, we reverse.
The novel question is whether, without the consent of the minority…
2Cases cited16 opinions
- Gruenberg v. Aetna InsuranceCalifornia Supreme Court · 1973
- Jones v. H. F. Ahmanson & Co.California Supreme Court · 1969
- Sinclair Oil Corporation v. LevienSupreme Court of Delaware · 1971
- Western Pacific Railroad Corp. v. Western Pacific Railroad Co.Supreme Court of the United States · 1953
- Bob Richards Chrysler-Plymouth Corporation, Inc. v. EnglandCourt of Appeals for the Ninth Circuit · 1973
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3Cited by13 opinions
- 98 Cal. Daily Op. Serv. 1912, 98 Daily Journal D.A.R. 2691 Stanley Pareto Elbert Bressie Benjamin P. Liu Vilja Annamaria Fritzl John McCullough Edith Fritzl Heidi W. Moore Gottfried Noel Fritzl Wanda Hagan Theodore Hiatt Shih Chi Chow Shirley C. Chow Marilou Atencio Anton Atencio Gregory D. Shields Eleanor M. Shields Estelle Eichenberger Jack Lutzow Moses Noble, Jr. Ernst Meyer Phillip Yee Theodore J. Saenger Gayle I. Saenger Jack Block Tae Ryong Kim Chin Soon Kim Frank J. Schlessinger Raymond Vernazza Marion Gizzi Chester R. Williams Angelo Ferro Linda S. Williams Roger R. Franklin John P. Hurabieli Laverne Pareto John Pareto Muriel P. Burd Chae Woo Lee Hai Ja Lew Antonio Panebianco Cho Young Kugis Gebhardt Kugis Phyllis G. Zerwick John Hartung Arthur Holsten Eleanor Holsten Paul E. Kadden Shirley J. Kadden Thomas Kavanagh Cunningham Arizona, a Partnership v. Federal Deposit Insurance Corporation, as Receiver of Barbary Coast National Bank, Robert Wheeler Dickerson Kearny Paul Oliver Robert ImhoffCourt of Appeals for the Ninth Circuit · 1998
- Fed. Sec. L. Rep. P 99,010 Fred H. Harmsen v. C. Arnholt SmithCourt of Appeals for the Ninth Circuit · 1982
- Kruse v. Bank of AmericaCalifornia Court of Appeal · 1988
- Alexander F. Eagle v. American Telephone and Telegraph Company, a CorporationCourt of Appeals for the Ninth Circuit · 1985
- Everest Investors 8 v. McNeil PartnersCalifornia Court of Appeal · 2003
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