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SZALOCZI v. BEHRMANN REVOCABLE TRUST

No. 02SC911.

90 P.3d 835 (2004)

Eric L. SZALOCZI, Michael P. Batzer, Jay Crist, Robert S. Pfeiffer, Allan Wise, Michael Caskey, Roland DeBruyn, Jeffrey Weber, and Bruce Williams, Petitioners v. JOHN R. BEHRMANN REVOCABLE TRUST, Respondent.

Supreme Court of Colorado, En Banc.

May 24, 2004.

Attorney(s) appearing for the Case

Holme Roberts & Owen, LLP, David S. Steefel, Michael J. Hofmann, Denver, Colorado, Attorneys for Petitioner.

Benjamin, Bain & Howard, LLC, James W. Bain, Wesley B. Howard, Greenwood Village, Colorado, Attorneys for Respondent.

Justice HOBBS delivered the Opinion of the Court.

We granted certiorari in this case to review the court of appeals decision in John R. Behrmann Revocable Trust v. Szaloczi, 74 P.3d 371 (Colo.App.2002).1 A former shareholder of a closely held corporation, John R. Behrmann Revocable Trust ("the Behrmann Trust"), brought this compensatory damages action in the district court for breach of fiduciary...

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