MADUGULA v. TAUB

Docket No. 146289. Calendar No. 5.

853 N.W.2d 75 (2014)

496 Mich. 685

MADUGULA v. TAUB.

Supreme Court of Michigan.

Decided July 15, 2014.


Attorney(s) appearing for the Case

Mantese Honigman Rossman and Williamson, PC, Troy (by Gerard V. Mantese , Brian M. Saxe , and Mark C. Rossman ), Tangalos & Associates, Troy (by Peter S. Tangalos ), and Blum & Associates, Plymouth (by Corene C. Ford ) for Rama Madugula.

Reach Law Firm, Ann Arbor (by Ian James Reach ) and Jenner & Block LLP (by John F. Ward, Jr. , and Jessica Ring Amunson ) for Benjamin A. Taub.

James L. Carey , Justin G. Klimko , Detroit, Douglas L. Toering , Troy and Cyril Moscow, Detroit, for the Business Law Section of the State Bar of Michigan.


VIVIANO, J.

In this case, we address whether Michigan's shareholder-oppression statute, MCL 450.1489 (§ 489) of the Business Corporation Act (BCA), MCL 450.1101 et seq., provides a right to a jury trial or whether claims under § 489 are instead required to be heard by a court of equity. We hold that the plain language of § 489 does not afford a claimant a right to a jury trial and, instead, expresses a legislative intent to have shareholder-oppression...

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