| Case # | Name | Category | Court | Judge | Published | 
|---|---|---|---|---|---|
| 
 G028611 
 | 
Crow Irvine #2 v. Winthrop California Investors Limited Partnership
 'Good faith' measure designated in partnership agreement is to be viewed subjectively.  | 
Corporations | 
 | 
Feb. 28, 2003 | |
| 
 B146586 
 | 
Biren v. Equality Emergency Medical Group Inc.
 Business judgment rule protects director who acts in mistaken, but good faith belief, on behalf of corporation without obtaining required shareholder approval.  | 
Corporations | 
 | 
Nov. 18, 2002 | |
| 
 99-16247 
 | 
US West Communications Inc. v. Jennings
 FCC regulations, which took effect after interconnection agreements were arbitrated, apply on judicial review of agreements for compliance with Telecommunications Act of 1996.  | 
Corporations | 
 | 
Nov. 10, 2002 | |
| 
 B150932 
 | 
Frederick v. First Union Securities Inc.
 Corporation's agreement to arbitrate is binding on shareholder bringing derivative action.  | 
Corporations | 
 | 
Oct. 2, 2002 | |
| 
 B150981 
 | 
Everest Investors 8 et al. v. Whitehall Real Estate Limited Partnership XI
 Nonfiduciary, who is neither employee or agent of fiduciary, is not liable for conspiracy in action for breach of fiduciary's duty.  | 
Corporations | 
 | 
Oct. 2, 2002 | |
| 
 A095792 
 | 
Trahan v. Trahan
 Appraisal of corporate shares was not required to include value of outstanding contracts.  | 
Corporations | 
 | 
Oct. 1, 2002 | |
| 
 G029761 
 | 
Saline v. Superior Court (Commonwealth Energy Corp.)
 Court erred in placing restriction on corporate director's right to inspect corporate documents.  | 
Corporations | 
 | 
Sep. 30, 2002 | |
| 
 01-15450 
 | 
Gompper  v. VISX Inc.
 Defendant's positive statements about their patent portfolio did not constitute intentional or reckless false and misleading statements under Securities and Exchange Act.  | 
Corporations | 
 | 
Sep. 26, 2002 | |
| 
 02-514 
 | 
Opinion of Bill Lockyer
 Secretary of State is not required to accept certificate of voluntary dissolution of nonprofit corporation with facsimile signatures of directors.  | 
Corporations | 
 | 
Sep. 5, 2002 | |
| 
 01CA0671 
 | 
Wisehart v. Zions Bancorporation
 Corporation has duty to disclose material information in connection with sale of stock.  | 
Corporations | 
 | 
Sep. 3, 2002 | |
| 
 47795-1 
 | 
Norton v. Smyth
 Shareholders who dissent from merger must receive fair value of shares.  | 
Corporations | 
 | 
Aug. 21, 2002 | |
| 
 B136083 
 | 
Pasternak v. Boutris (Escrow Agents' Fidelity Corp.)
 Losses suffered by member escrow agents from fraudulent misappropriation of trust obligations do involve escrows and are reimbursable as single loss.  | 
Corporations | 
 | 
Aug. 7, 2002 | |
| 
 G026372 
 | 
Avikian v. WTC Financial Corp.
 Shareholders' claims are properly dismissed as they were in violation of terms of restraining order initiated by California Insurance Commissioner.  | 
Corporations | 
 | 
Aug. 7, 2002 | |
| 
 00SA314 
 | 
Curtis v. Nevins
 In shareholder's derivative action, trial court may not inquire into reasonableness of procedures proposed by special litigation committee until committee completes task.  | 
Corporations | 
 | 
Aug. 7, 2002 | |
| 
 00-56653 
 | 
Abrahim & Sons Enterprises v. Equilon Enterprises, LLC
 Transfer of assets to LLC triggered duty to offer franchisees right of first refusal.  | 
Corporations | 
 | 
Aug. 7, 2002 | |
| 
 B150142 
 | 
Catalina Investments Inc. v. Jones
 Dissolved corporation cannot seek reinstatement of corporate status.  | 
Corporations | 
 | 
Jun. 7, 2002 | |
| 
 01-1139 
 | 
McDonald v. Kinder-Morgan Inc.
 Financial statement describing corporation's past earnings did not create duty to disclose future risks.  | 
Corporations | 
 | 
Apr. 29, 2002 | |
| 
 C038203 
 | 
Hard v. California State Employees Assn.
 Employee organization must give effect to vote, of class of employee members, approving their incorporation as affiliate.  | 
Corporations | 
 | 
Apr. 10, 2002 | |
| 
 00-35268 
 | 
Lipton v. Pathogenesis Corp.
 Allegations in plaintiffs' complaint fail to raise strong inference of scienter to meet pleading requirements of Private Securities Litigation Reform Act.  | 
Corporations | 
 | 
Mar. 25, 2002 | |
| 
 99CA0847 
 | 
M Life Insurance Co. v. Sapers & Wallack Insurance Agency, Inc.
 Value of business as going concern may be considered in determination of value of it shares in merger.  | 
Corporations | 
 | 
Mar. 20, 2002 | |
| 
 A095456 
 | 
Mart v. Severson
 In proceeding requiring corporation's dissolution unless 50-percent shareholder elects to buy-out shares, court's determination of 'fair value' is erroneous.  | 
Corporations | 
 | 
Mar. 8, 2002 | |
| 
 00CA1777 
 | 
Pueblo Bancorporation v. Lindoe, Inc.
 In dissenters' rights action, value of shares should not have been discounted by minority and marketability discounts.  | 
Corporations | 
 | 
Mar. 1, 2002 | |
| 
 20129-5 
 | 
Scott v. Trans-System Inc.
 Court didn't abuse its discretion by dissolving corporation due to oppression, misapplication and waste of corporate assets.  | 
Corporations | 
 | 
Jan. 22, 2002 | |
| 
 H021077 
 | 
Kamen v. Lindly
 Corporate officers who were not involved in purchase or sale of securities are not liable for market manipulation.  | 
Corporations | 
 | 
Jan. 11, 2002 | |
| 
 00CA0782 
 | 
Levitt v. Calvary Temple of Denver
 Expelled church member lacks standing to seek inspection of church records.  | 
Corporations | 
 | 
Jan. 8, 2002 | |
| 
 B146165 
 | 
Nutmeg Securities Ltd v. McGladrey & Pullen
 Accounting firm who prepared financial reports in effort to procure IPO underwriter is liable for negligence.  | 
Corporations | 
 | 
Nov. 28, 2001 | |
| 
 00-5134 
 | 
Mauldin v. Worldcom Inc.
 Authority to deny accelerated vesting of stock options was not properly delegated or ratified by compensation committee.  | 
Corporations | 
 | 
Nov. 12, 2001 | |
| 
 01-504 
 | 
Opinion of Bill Lockyear, Office of the Attorney General
 Grand jury investigation of nonprofit corporation, operating on behalf of public entity, may not employ expert.  | 
Corporations | 
 | 
Oct. 29, 2001 | |
| 
 00CA0594 
 | 
Weisbart v. Agri Tech, Inc.
 Corporate director is entitled to indemnification where he is sued in part because he is director.  | 
Corporations | 
 | 
Oct. 15, 2001 | |
| 
 00-0550 
 | 
Hullett v. Cousin
 Companies distribution of assets was not fraudulent.  | 
Corporations | 
 | 
Oct. 8, 2001 | 
