NICHOLSON v. EVANS

Nos. 16559, 16621.

642 P.2d 727 (1982)

Larry NICHOLSON, Glen Bingham, Alicia Lewis, and Sorority Industries, a Nevada corporation, Plaintiffs and Appellants, v. George W. EVANS, Stanley B. Nelson, Terry E. Kay, Sorority, Inc., a Utah corporation, Aenco, Inc., a Utah corporation, and John B. Anderson, Defendants and Respondents.

Supreme Court of Utah.

February 23, 1982.


Attorney(s) appearing for the Case

Bryce E. Roe and David E. Leta, Salt Lake City, for plaintiffs and appellants.

Richard J. Leedy, R. Brent Stevens, Harold G. Christiansen, Salt Lake City, for defendants and respondents.


OAKS, Justice:

This is an action by a parent corporation and its directors against their former directors and attorney and a subsidiary corporation for damages for breach of fiduciary duty or to establish the parent corporation's continued ownership of the stock of the subsidiary, for an accounting, and for other relief. The issue on these consolidated appeals is whether the directors of a parent corporation can acquire control of its subsidiary from a pledgee of...

Let's get started

Leagle.com

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.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases