Ramos v. Estrada

Opinion

GILBERT, J.

Defendants Tila and Angel Estrada appeal a judgment which states they breached a written corporate shareholder voting agreement. We hold that a corporate shareholders’ voting agreement may be valid even though the corporation is not technically a close corporation. We affirm.

Facts

Plaintiffs Leopoldo Ramos et al. formed Broadcast Corporation for the purpose of obtaining a Federal Communications Commission (FCC) construction permit to build a Spanish language television station in Ventura County.

Ramos and his wife held 50 percent of Broadcast Corp. stock. The remaining 50…