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PJ ACQUISITION CORP. v. SKOGLUND

No. C3-88-1368.

453 N.W.2d 1 (1990)

PJ ACQUISITION CORP., directly on its own behalf and derivatively on behalf of Vikings II, Inc., Appellant, v. John C. SKOGLUND, individually and as Voting Trustee, et al., Respondents, Jaye Dyer, et al., Respondents.

Supreme Court of Minnesota.

March 9, 1990.

Attorney(s) appearing for the Case

Jerome B. Simon, Geoffrey P. Jarpe, Maun, Green, Hayes, Simon, Johanneson and Brehl, St. Paul, for appellant.

John D. French, James Fitzmaurice, Faegre & Benson, Minneapolis, for John C. Skoglund, et al.

Curtis D. Forslund, Richard N. Flint, Gray, Plant, Mooty, Mooty & Bennett, P.A., Minneapolis, for Jaye Dyer, et al.

Heard, considered and decided by the court en banc.

KELLEY, Justice.

The dispute in this case constitutes but one episode in the ongoing contest between competing factions of the present shareholders, directors and officers for control of Vikings II, Inc., the owner of a National Football League (NFL) franchise authorizing it to field the Minnesota Vikings professional football team.1 On one side of the conflict is appellant PJ Acquisition Corporation (PJ), owned by Irwin Jacobs and Carl...

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