Thursday, November 29, 2018

Direct vs. Derivative Claims Among Shareholders of a Close Corporation

Tully v. Mirz, ___ N.J. Super. ___ (App. Div. 2018).  This opinion by Judge Geiger today addresses the question of what claims, between two owners of a closely-held corporation, are properly considered derivative claims and what claims are correctly treated as direct claims.  After a one-day bench trial, the trial court dismissed the complaint for […]

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