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CANNON OIL & GAS WELL SERVICE, INC. v. EVERTSON

No. 85-1594.

836 F.2d 1252 (1987)

CANNON OIL & GAS WELL SERVICE, INC., Plaintiff-Appellant, v. Bruce F. EVERTSON, Defendant-Appellee.

United States Court of Appeals, Tenth Circuit.

December 24, 1987.

Attorney(s) appearing for the Case

Richard P. Boley and J. Kent Rutledge, of Lathrop & Uchner, P.C., Cheyenne, Wyo., for plaintiff-appellant.

W. Perry Dray and Gregory C. Dyekman, of Dray, Madison & Thomson, P.C., of Cheyenne, Wyo., for defendant-appellee.

Before BARRETT, TACHA, and BALDOCK, Circuit Judges.

TACHA, Circuit Judge.

This is a diversity action for damages initially brought by two Wyoming corporations against Bruce Evertson, a former officer, director, and shareholder of those corporations. After this suit began, the plaintiff corporations merged to form Cannon Oil & Gas Well Service, Inc. (Cannon Oil). Cannon Oil alleges that Evertson breached his fiduciary duties to the predecessor corporations and derived personal benefit to their detriment. Applying...

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