1. Home
  2. Browse Decisions
  3. N.W.2d
  4. 962 N.W.2d
  5. 962 N.W.2d 764 (2021)
 

GUGE v. KASSEL ENTERPRISES, INC.

No. 19-2151.

962 N.W.2d 764 (2021)

Susan A. GUGE and Peggy McDonald, Appellees, v. KASSEL ENTERPRISES, INC., Appellant, Craig L. Kassel, Deborah M. Kassel, Kassel Farms, Inc., and Great Oaks Farms, Inc., Defendants.

Supreme Court of Iowa.

Filed June 18, 2021.

Rehearing Denied August 25, 2021.

Attorney(s) appearing for the Case

Thomas D. Hanson , (argued) and Emily A. Staudacher , of Dickinson, Mackaman, Tyler & Hagen P.C., Des Moines, for appellant.

Seth R. Delutri , (argued), Mark C. Feldmann , and Justin E. LaVan , of Bradshaw, Fowler, Proctor & Fairgrave, P.C., Des Moines, for appellees.

McDermott, J., delivered the opinion of the court, in which Christensen, C.J., and Appel, Waterman, and Mansfield, JJ., joined, and in which McDonald and Oxley, JJ., joined except for division III.B. Oxley, J., filed a special concurrence, in which McDonald, J., joined.

Shareholders in Iowa corporations may sue to dissolve a corporation when those in control have engaged in oppressive conduct. But in lieu of defending a dissolution proceeding, the law allows the corporation to force the complaining shareholders to sell their stock for the "fair value" of their shares. This statutory buyout right...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases