Brodie v. Jordan

This case requires us to assess whether a Superior Court judge properly determined, under the principles stated in Donahue v. Rodd Electrotype Co., 367 Mass. 578 (1975), that the plaintiff, Mary M. Brodie, was “frozen out” of Malden Centerless Grinding, Inc. (Maiden), a close corporation, and that the defendants were in breach of their fiduciary duty to her; and whether she was entitled, as a remedy, to have the defendants purchase the 400 shares of capital stock which she held.

Background. We summarize the essential history from the judge’s comprehensive findings following a jury-waived trial…