CURRIE, J.
The plaintiff's cause of action for a forced liquidation of Fromm Laboratories, Inc., is based upon sec. 180.771, Stats., reading in part as follows:
"(1) Circuit courts have power to liquidate the assets and business of a corporation:
"(a) In an action by a shareholder when it is established:
"1. That the directors are deadlocked in the management of the corporate affairs and the shareholders are unable to break the deadlock, and...
Let's get started
Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.
- Updated daily.
- Uncompromising quality.
- Complete, Accurate, Current.
