BREACH OF CONTRACT, NOT DUTY CLAIM PROCEEDS IN VALUATION SUIT Gale v. Bershad | Secondary Sources | Westlaw

BREACH OF CONTRACT, NOT DUTY CLAIM PROCEEDS IN VALUATION SUIT Gale v. Bershad | Secondary Sources | Westlaw

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BREACH OF CONTRACT, NOT DUTY CLAIM PROCEEDS IN VALUATION SUIT Gale v. Bershad

13 No. 11 ANCODLLR 5Andrews Corporate Officers and Directors Liability Litigation Reporter (Approx. 3 pages)

BREACH OF CONTRACT, NOT DUTY CLAIM PROCEEDS IN VALUATION SUIT Gale v. Bershad

13 No. 11 ANCODLLR 5Andrews Corporate Officers and Directors Liability Litigation Reporter (Approx. 3 pages)

13 No. 11 Andrews Corp. Off. & Directors Liab. Litig. Rep. 5
Andrews Corporate Officers and Directors Liability Litigation Reporter
April 13, 1998
Preferred Shareholder Standing
Copyright (c) 1998 Andrews Publications

BREACH OF CONTRACT, NOT DUTY CLAIM PROCEEDS IN VALUATION SUIT

Gale v. Bershad

A preferred shareholder of Axsys Technologies, Inc. may press breach of contract claims to challenge the price the board set in a stock buyback plan in Delaware Chancery Court. However, he cannot then reformat that claim as a breach of fiduciary duty...
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