Duncan v. Moreno Energy, Inc.
Louisiana Court of Appeal
1Opinion of the Court
SAUNDERS, Judge.
| ]This is a case wherein two minority shareholders filed suit directly against two former board members/officers of a corporation that has ceased to exist as it was merged with a newly formed parent corporation via a short-form merger under La. R.S. 12:112(G). The disgruntled shareholders alleged, inter alia, that the former board members/officers breached their fiduciary duties to them and committed fraudulent actions upon them.
The former board members/officers moved for, and were granted, a partial motion for summary judgment finding that the short-form merger between the…
2Cases cited9 opinions
- Pepper v. LittonSupreme Court of the United States · 1939
- Shelton v. Standard/700 AssociatesSupreme Court of Louisiana · 2001
- MTU of North America, Inc. v. Raven Marine, Inc.Supreme Court of Louisiana · 1985
- Levy v. BilleaudSupreme Court of Louisiana · 1984
- Stolzle v. Safety & Systems Assurance Consultants, Inc.Supreme Court of Louisiana · 2002
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3Cited by5 opinions
- State v. HollowayLouisiana Court of Appeal · 2010
- Duncan v. Moreno Energy, Inc.Louisiana Court of Appeal · 2013
- Duncan v. MORENO ENERGY, INC.Louisiana Court of Appeal · 2010
- Robert Duncan v. Moreno Energy, Inc.Louisiana Court of Appeal · 2010
- Robert Duncan v. Moreno Energy, Inc.Louisiana Court of Appeal · 2013