Legal Opinion
Lawton v. Nyman
Court of Appeals for the First Circuit
Decided April 29, 2003No. 02-1371, 02-1407PublishedCited by 26 opinions
1Opinion of the Court
LYNCH, Circuit Judge.
Following trial, the district court found officers and directors with voting control of a closely held family corporation, Ny-man Manufacturing Co., to be in breach of their state law fiduciary duties to minority shareholders whose shares the three had caused the corporation to redeem without making adequate disclosures. Robert Ny-man, Kenneth Nyman, and Keith Johnson were held jointly and severally hable to nine Nyman family members for the total sum of $2,096,798.50, which was, roughly, the value of those shares at the time of the sale of the Nyman corporation to a…
2Cases cited60 opinions
- Basic Inc. v. LevinsonSupreme Court of the United States · 1988
- TSC Industries, Inc. v. Northway, Inc.Supreme Court of the United States · 1976
- Affiliated Ute Citizens of Utah v. United StatesSupreme Court of the United States · 1972
- Seavey v. Social SecurityCourt of Appeals for the First Circuit · 2001
- Myzel v. FieldsCourt of Appeals for the Eighth Circuit · 1967
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3Cited by26 opinions
- United States Securities & Exchange Commission v. Pirate Investor LLCCourt of Appeals for the Fourth Circuit · 2009
- Wortley v. CamplinCourt of Appeals for the First Circuit · 2003
- Robert B. Allen v. Devon Energy Holdings, L.L.C. F/K/A Chief Holdings, L.L.C, and Trevor D. Rees-Jones, Texas Court of Appeals, 1st District (Houston)2012
- Pena-Crespo v. Commonwealth of PRCourt of Appeals for the First Circuit · 2005
- Sawyer Brothers, Inc. v. Island Transporter, LLCCourt of Appeals for the First Circuit · 2018
21 more not listed; retrieve them via the Exa API.