Legal Opinion · Concurring in part, dissenting in part

Notz v. Everett Smith Group, Ltd.

Wisconsin Supreme Court

Decided April 29, 2009No. 2006AP3156Published

1Concurring in part, dissenting in partAnn Walsh Bradley, J.

¶ 62. (concurring in part, dissenting in part). I agree with the majority that the judicial dissolution claim may continue and that Notz has a direct claim for breach of fiduciary duty relating to the due diligence expenses. I disagree with the majority, however, that Notz's claim for breach of fiduciary duty arising out of corporate usurpation is a derivative rather than a direct claim and that it thus must be dismissed.

*679¶ 63. Instead, based on the facts alleged in the amended complaint, I conclude that Notz states a direct claim for breach of fiduciary duty arising out of the defendants'…

2Cases cited10 opinions

  1. Southern Pacific Co. v. BogertSupreme Court of the United States · 1919
  2. Empire Life Insurance Company of America v. Valdak CorporationCourt of Appeals for the Fifth Circuit · 1972
  3. C. Severin Buschmann, Jr. v. Professional Men's AssociationCourt of Appeals for the Seventh Circuit · 1969
  4. Rose v. SchantzWisconsin Supreme Court · 1972
  5. Vickers v. First Mississippi Nat. BankMississippi Supreme Court · 1984

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