Legal Opinion

Danuser v. IDA Marketing Corp.

North Dakota Supreme Court

Decided October 30, 2013No. 20120443PublishedCited by 13 opinions

1Opinion of the Court

MARING, Justice.

[¶ 1] James Leach, IDA Marketing Corporation, and IDA of Moorhead Corporation appeal from a judgment holding them jointly and severally liable to Reed Danuser in the amount of $692,671.78 for claims involving Danuser’s termination as president and chief executive officer of the corporations and Leach’s breach of a fiduciary duty to Danuser and requiring IDA Moorhead to pay Danuser $130,727.99 for loans he made to IDA Moorhead. We affirm.

*490I

[¶ 2] Before 1994, Leach was the president and majority shareholder of IDA Moorhead, a corporation he created as the sole shareholder in 1977…

2Cases cited13 opinions

  1. Redmon v. Griffith, Texas Court of Appeals, 12th District (Tyler)2006
  2. Brandt v. SomervilleNorth Dakota Supreme Court · 2005
  3. Schumacher v. SchumacherNorth Dakota Supreme Court · 1991
  4. Balvik v. SylvesterNorth Dakota Supreme Court · 1987
  5. Production Credit Ass'n of Fargo v. IstaNorth Dakota Supreme Court · 1990

8 more not listed; retrieve them via the Exa API.

3Cited by13 opinions

  1. Northstar Founders, LLC v. Hayden Capital USA, LLCNorth Dakota Supreme Court · 2014
  2. Puklich v. PuklichNorth Dakota Supreme Court · 2019
  3. Knorr v. NorbergNorth Dakota Supreme Court · 2015
  4. Knorr v. NorbergNorth Dakota Supreme Court · 2014
  5. Smithberg v. SmithbergNorth Dakota Supreme Court · 2019

8 more not listed; retrieve them via the Exa API.

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