Andrews Corporate Officers and Directors Liability Litigation Reporter
December 13, 1999
Breach of Duty
Copyright (c) 1999 Andrews Publications
EX-DIRECTOR LOSES BREACH OF FIDUCIARY DUTY APPEAL IN GA
Matthews v. Tele-Systems Inc.
A Georgia state appeals court has rejected a breach of fiduciary duty suit by a former director against the corporation and the other shareholder-directors, saying he could pursue some allegations only through a derivative action. Matthews v....