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NORMAN v. NICHIRO GYOGYO KAISHA, LTD.

No. S-1968.

761 P.2d 713 (1988)

Isaac C. NORMAN, Appellant, v. NICHIRO GYOGYO KAISHA, LTD. and Nichiro Pacific, Ltd., Appellees.

Supreme Court of Alaska.

Rehearing Denied November 1, 1988.

OPINION

RABINOWITZ, Justice.

In 1982, this court affirmed a judgment entered against Isaac C. Norman on the ground that a shareholder could not maintain an action for loss of the value of stock for breach of a shareholders agreement. Norman v. Nichiro Gyogyo Kaisha, Ltd., 645 P.2d 191 (Alaska 1982). Four years later, this court reversed itself and allowed a different shareholder to pursue identical claims against...

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