Maul v. Van Keppel

OPINION

KIRSCH, Judge

Mary Alys Maul, a shareholder in a closely-held, family-owned corporation, appeals the trial court’s denial of her summary judgment motion and the grant of summary judgment in favor of her sister and fellow shareholder Gretehen Van Keppel. Maul raises two issues:

I. Whether Van Keppel had a fiduciary duty to disclose the availability for purchase of certain shares of stock in the corporation;

II. If a fiduciary duty existed, whether Van Keppel breached that duty by purchasing the available shares without informing Maul.

We affirm.

FACTS AND PROCEDURAL HISTORY

Albertena Sprague…