[Download] "George Wingate V. J.G. Hajdik (07/03/90)" by Supreme Court of Texas # eBook PDF Kindle ePub Free

eBook details

Title: George Wingate V. J.G. Hajdik (07/03/90)
Author : Supreme Court of Texas
Release Date : January 03, 1990
Genre: Law,Books,Professional & Technical,
Pages : * pages
Size : 67 KB

Description

This is an action by the sole shareholder of a corporation against a former shareholder for fraud, breach of fiduciary duty, and misappropriation of assets. The trial court found for the plaintiff on all theories and awarded actual and punitive damages. The court of appeals reversed and remanded the case for a new trial. 753 S.W.2d 199. The principal issue before us is whether a shareholder can properly recover damages individually for injury to the corporation. We hold that he cannot. Accordingly, we affirm the judgment of the court of appeals.