Bingham Consolidation Co. v. Groesbeck
Court of Appeals of Utah
1Opinion of the Court
OPINION
JACKSON, Judge:
■ ¶ 1 Bingham Consolidation Company (BCC) appeals the judicial appraisal of New Bingham Mary Mining Company (NBMM) in a dissenters’ action brought by minority shareholders of NBMM pursuant to Utah Code sections 16-10a-1325 and 1330. We affirm.
BACKGROUND
I. Factual Background
A.Introduction
¶ 2 NBMM was incorporated in 1929 with Roy Groesbeck acting as its first president. Since that time, members of the Groesbeck family have been minority shareholders of the company. As of December 31, 1997, these members of the family (here, Defendants) owned approximately 3.8% of the…
2Cases cited31 opinions
- Weinberger v. UOP, Inc.Supreme Court of Delaware · 1983
- McMullin v. BeranSupreme Court of Delaware · 2000
- Plateau Mining Co. v. Utah Division of State Lands & ForestryUtah Supreme Court · 1990
- Harman v. Masoneilan International, Inc.Supreme Court of Delaware · 1982
- Eggert v. Wasatch Energy Corp.Utah Supreme Court · 2004
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