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MUSTO v. VIDAS

281 N.J. Super. 548 (1995)

658 A.2d 1305

WILLIAM C. MUSTO, AN INDIVIDUAL, PLAINTIFF/RESPONDENT, v. VINCENT G. VIDAS, AN INDIVIDUAL; JOHN S. DEGNAN, AN INDIVIDUAL; AND SEMCOR, INC., A NEW JERSEY CORPORATION, DEFENDANTS/APPELLANTS.

Superior Court of New Jersey, Appellate Division.

Decided May 25, 1995.

Attorney(s) appearing for the Case

Anne C. Singer argued the cause for appellants (Blank, Rome, Comisky & McCauley, attorneys; Stephen M. Orlofsky and Ms. Singer, on the brief).

Ira G. Megdal argued the cause for respondent (Davis, Reberkenny & Abramowitz, attorneys; Mr. Megdal and Keith Waldman, on the brief).

Before Judges SKILLMAN, WALLACE and KLEINER.

The opinion of the court was delivered by WALLACE, J.A.D.

Plaintiff William C. Musto filed his complaint in December 1990, alleging oppression and breach of fiduciary duties owed to him as the minority shareholder. The trial court concluded that defendants Vincent G. Vidas and John S. Degnan had oppressed plaintiff and ordered reinstatement of plaintiff as officer and director of Semcor, awarded compensatory damages, and required defendants to sell their shares of...

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