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SUGARMAN v. SUGARMAN

No. 85-1612.

797 F.2d 3 (1986)

Jon SUGARMAN, et al., Plaintiffs, Appellees, v. Leonard SUGARMAN and Statler Industries, Inc., Defendants, Appellants.

United States Court of Appeals, First Circuit.

Decided June 30, 1986.

Attorney(s) appearing for the Case

David G. Hanrahan with whom Arthur M. Gilman, David L. Klebanoff and Gilman, McLaughlin & Hanrahan, Boston, Mass., were on brief, for defendants, appellants.

Thomas V. Urmy, Jr. with whom Charles M. Trippe, Jr., Janice Kelley Rowan and Warner & Stackpole, Boston, Mass., were on brief, for plaintiffs, appellees.

Before COFFIN and BOWNES, Circuit Judges, and PETTINE, Senior District Judge.

COFFIN, Circuit Judge.

Leonard Sugarman appeals from a judgment of the United States District Court for the District of Massachusetts, based on a finding that he breached his fiduciary duty to minority shareholders in a close corporation. We conclude that none of the various errors of fact or law alleged by appellant warrant reversal of the district court's judgment as to liability. Because, however, of our differences with the district court as to the appropriate...

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