Andrews Corporate Officers and Directors Liability Litigation Reporter
April 9, 1997
Dissolution/Appraisal
Copyright (c) 1997 Andrews Publications
FORCED BUYOUT, DISSOLUTION ARE CHOICES GIVEN TO 'OPPRESSIVE' MAJORITY
Greenhouse v. HGK Asset Mgmt.
A New York state court judge gave the “oppressive” board of HGK Asset Management, Inc. an ultimatum: either buy out a minority shareholder in one month for an amount set by the court or dissolve the company. Greenhouse v. HGK Asset Mgmt., No....
FORCED BUYOUT, DISSOLUTION ARE CHOICES GIVEN TO 'OPPRESSIVE' MAJORITY
Greenhouse v. HGK Asset Mgmt.