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COTTON v. EXPO POWER SYSTEMS, INC.

No. B205731.

170 Cal.App.4th 1371 (2009)

KEN COTTON, Plaintiff and Respondent, v. EXPO POWER SYSTEMS, INC., et al., Defendants and Appellants.

Court of Appeals of California, Second District, Division Five.

February 9, 2009.

Attorney(s) appearing for the Case

Greenberg Traurig and Frank E. Merideth, Jr., for Defendants and Appellants.

Glickfeld, Fields & Jacobson and Craig M. Fields for Plaintiff and Respondent.

OPINION

KRIEGLER, J.—

In an action against the majority shareholders of a corporation for breach of fiduciary duties, a minority shareholder sought dissolution of the corporation and other relief. The majority shareholders invoked their rights to purchase the minority shareholder's interest under Corporations Code section 2000.1 The trial court obtained an appraisal of the fair value of the shares that did...

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