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BIRD v. WIRTZ

No. 48585.

266 N.W.2d 166 (1978)

Charles Anthony BIRD, on behalf of Medical Investment Corporation, Respondent, v. Arthur M. WIRTZ, et al., Appellants.

Supreme Court of Minnesota.

March 31, 1978.

Attorney(s) appearing for the Case

Maun, Hazel, Green, Hayes, Simon & Aretz, St. Paul, Lawrence J. Hayes, Albert A. Woodward, M. Michael Monahan, Gislason, Dosland, Malecki, Gislason & Halvorson, and Robert M. Halvorson, New Ulm, for appellants.

Robins, Davis & Lyons, Harding A. Orren, Sidney S. Feinberg, and Andrew W. Horstman, Minneapolis, for respondent.

Heard before KELLY, TODD and WAHL, JJ., and considered and decided by the court en banc.

PER CURIAM.

Plaintiff, Charles Anthony Bird, a minority shareholder of defendant Wirtz Productions, Ltd. (formerly Medical Investment Corporation), instituted a shareholder suit alleging that defendants breached their fiduciary duties as directors, officers, and/or majority shareholders of Wirtz Productions, Ltd., and committed fraud in connection with certain transactions between Wirtz Productions, Ltd., and corporations owned or controlled by defendant Arthur M...

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