HORIZON HOUSE-MICROWAVE, INC. v. BAZZY; BAZZY


21 Mass. App. Ct. 190 (1985)

486 N.E.2d 70

HORIZON HOUSE-MICROWAVE, INC. vs. EMIL BAZZY; WILLIAM BAZZY & others, third-party defendants.

Appeals Court of Massachusetts, Plymouth.

December 9, 1985.


Attorney(s) appearing for the Case

Nicholas A. Abraham (Brigitte M. Gulliver with him) for Emil Bazzy.

Edward P. Leibensperger (Ellen G. Grant with him) for the plaintiff.

Present: KASS, KAPLAN, & SMITH, JJ.


KASS, J.

What we have here is not so much a corporate "freeze out" case as a "squeeze down" case. Emil Bazzy complains that the end product of a triangular corporate merger was a dilution of his common stock holdings in Horizon House-Microwave, Inc. (Microwave), a close corporation in which his brother, William, was the controlling officer and stockholder. The claim in substance, is that William used his dominant position in a fashion which violated the fiduciary...

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