KORMAN CORP. v. FRANKLIN TOWN CORP.

No. 1624 March term, 1983.

34 Pa. D. & C. 3d 495 (1984)

Korman Corporation v. Franklin Town Corporation

Common Pleas Court of Philadelphia County, Pennsylvania.

June 20, 1984.


Attorney(s) appearing for the Case

Barry E. Ungar, for plaintiff.

Andrew Woltzman Drucker, for defendants.

Richard Z. Freeman, Jr., for defendants.


TAKIFF, J., June 20, 1984.

This action in equity was commenced by plaintiff, a minority shareholder of Franklin Town Corporation, in March, 1983. In its amended complaint, plaintiff alleges that defendants, majority shareholders of Franklin Town, have exercised their control and domination over the affairs of the corporation in pursuit of their own selfish interest and gain, thereby breaching the fiduciary duties which they owe both to the corporation and to...

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