Danuser v. IDA Marketing Corp.
North Dakota Supreme Court
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
- Redmon v. Griffith, Texas Court of Appeals, 12th District (Tyler)2006
- Brandt v. SomervilleNorth Dakota Supreme Court · 2005
- Schumacher v. SchumacherNorth Dakota Supreme Court · 1991
- Balvik v. SylvesterNorth Dakota Supreme Court · 1987
- Production Credit Ass'n of Fargo v. IstaNorth Dakota Supreme Court · 1990
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