Legal Opinion

Kelley v. Axelsson

New Jersey Superior Court Appellate Division

Decided January 7, 1997Published

1Opinion of the Court

The opinion of the court was delivered by

BROCHIN, J.A.D.

Plaintiffs Ellen Kelley, Kurt Axelsson, Michael Axelsson, Richard Axelsson and Margot I. Axelsson are minority shareholders of defendant Axelsson and Johnson Fish Company, Inc. Together they own 166.65 of the 400 shares of its outstanding capital stock. The remaining 233.35 shares are owned by defendant Eric Axelsson, Jr., who is the president of the defendant corporation.

The facilities of Axelsson and Johnson are located in Cape May, New Jersey. Its principal business is purchasing fresh fish from fishing boats at dockside, packaging…

2Cases cited7 opinions

  1. Brill v. Guardian Life Insurance Co. of AmericaSupreme Court of New Jersey · 1995
  2. In Re the Judicial Dissolution of Kemp & Beatley, Inc.New York Court of Appeals · 1984
  3. Brenner v. BerkowitzSupreme Court of New Jersey · 1993
  4. Giannotti v. HamwaySupreme Court of Virginia · 1990
  5. Muellenberg v. Bikon Corp.Supreme Court of New Jersey · 1996

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