Murphy v. Grey, et al.
Sep 07, 2007OUTCOME: Won Summary Judgment on All Claims
This case involved the departure of a minority shareholder from a close corporation, and the application of provisions of a shareholders' buy-sell agreement. The minority shareholder alleged that he w ... as entitled to have the corporation buy back his shares, and that the majority shareholders breached their fiduciary duties by freezing him out of the corporation. Attorney White and I argued that the buy-back provisions of the agreement were inapplicable, and that there was no evidence of a freeze-out, as the departing shareholder was terminated for a legitimate business reason. In a thoughtful decision by Judge Botsford, written just before her elevation to the Supreme Judicial Court, we won summary judgment for the defendants on all claims.
