The first, second, third, and eighth causes of action, which allege oppression of plaintiff minority shareholders by defendant as a controlling member of the majority, fail to state a cause of action. The rights claimed by plaintiffs exist solely by virtue of section 184I of the British Virgin Islands Companies Act of 2004, since, under the common law, the British Virgin Islands did not recognize any fiduciary duty owed by majority
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NATASHA, INC. v. SHOPKORN
15656, 653477/13.
134 A.D.3d 598 (2015)
22 N.Y.S.3d 203
2015 NY Slip Op 09600
NATASHA, INC., et al., Respondents, v. STANLEY SHOPKORN, Appellant.
Appellate Division of the Supreme Court of New York, First Department.https://leagle.com/images/logo.png
Decided December 29, 2015.
Decided December 29, 2015.
Appellate Division of the Supreme Court of New York, First Department.
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