More on Shareholder Oppression

Minority shareholder oppression continues to be a hot topic with the Dallas Court of Appeals, which is helping to fill out an otherwise sparse body of Texas case law. This time, the court has reversed and rendered a take-nothing judgment in an appeal of a $66 million judgment for shareholder oppression and breach of implied contract.  We will have the details in a subsequent post, but you can read the decision for yourself in the link below.

ARGO Data Resource Corp. v. Shagrithaya, No. 05-10-00690-CV