Corporations

Axtmann v. Chillemi , 2007 ND 179, 740 N.W.2d 838
The officers and directors of a corporation generally are not liable for the ordinary debts of the corporation, but a corporation's corporate veil may be disregarded when the corporation has insufficient capitalization for purposes of the corporate undertaking.
A district court's decision to pierce a corporate veil and impose personal liability on an officer or director is reviewed under the clearly erroneous standard.
The Ramsey Financial Corp. v. Haugland , 2006 ND 167, 719 N.W.2d 346
Voluntary acquiescence in a judgment waives the right to appeal.
Absent fraud, the procedure for asserting dissenting shareholders' rights under N.D.C.C. 10-19.1-87 and 10-19.1-88 is an exclusive remedy.
Bernabucci v. Huber , 2006 ND 71, 712 N.W.2d 323
If extrinsic evidence is conclusive and undisputed, the determination of the meaning of a contract is a function for the court to resolve as a matter of law.
A court does not abuse its discretion when it denies a requested amendment to a complaint which would be futile.
Brandt v. Somerville , 2005 ND 35, 692 N.W.2d 144
N.D.C.C. ch. 10-19.1 governs claims for breaches of fiduciary duties by those in control of a close corporation, and a trial court's findings about claims for breaches of fiduciary duties are reviewed under the clearly erroneous rule.
An agreement to restrict the transfer of stock of a close corporation will be upheld unless the price or terms of the agreement are unreasonable under all the circumstances.
In a shareholder action, a trial court has discretion to determine an appropriate remedy for violations of N.D.C.C. ch. 10-19.1 by those in control of a close corporation.
Intel-Foods Corporation v. Alexander , 2002 ND 180, 655 N.W.2d 84
An order denying a motion for a new trial on the basis of newly discovered evidence is summarily affirmed under N.D.R.App.P. 35.1(a)(1) and (4).
Narum v. Faxx Foods, Inc. , 1999 ND 45, 590 N.W.2d 454
The statutory civil remedy for securities law violations does not allow purchasers who receive rescission offers which are later withdrawn an unlimited amount of time to sue the sellers to recover their investments.
Reliance solely on knowledge of a pending lawsuit against third parties is not reasonable for purposes of equitable estoppel to preclude application of a statute of limitations if the relying party is not told to delay bringing suit until that litigation is resolved.
Jones v. Billings Co. School Dist. #1 , 1997 ND 173, 568 N.W.2d 477
Where articles dissolving a corporation are filed before expiration of the two-year period for filing claims under N.D.C.C. 10-19.1-110(3)(a), a claimant may pursue its claim against the dissolved corporation within that two-year period. Under these circumstances, assets of the dissolved corporation distributed to shareholders are subject to a constructive trust in favor of the corporation's creditors.
Rott v. Jaeger , 510 N.W.2d 651 (N.D. 1994)
State v. J. P. Lamb Land Company , 401 N.W.2d 713 (N.D. 1987)
KBM, Inc. v. MacKichan , 386 N.W.2d 914 (N.D. 1986)
Jablonsky v. Klemm , 377 N.W.2d 560 (N.D. 1985)
Federal Savings & Loan Insurance Corporation v. Morque , 372 N.W.2d 872 (N.D. 1985)
State v. J.P. Lamb Land Co. , 359 N.W.2d 368 (N.D. 1984)
Hilzendager v. Skwarok , 335 N.W.2d 768 (N.D. 1983)
Larson v. Unlimited Business Exchange of North Dakota, Inc. , 330 N.W.2d 518 (N.D. 1983)
Airvator, Inc. v. Turtle Mountain Manufacturing Co. , 329 N.W.2d 596 (N.D. 1983)
Fetzer Electric, Inc. v. Develco, Inc. , 321 N.W.2d 521 (N.D. 1982)
Peck of Chehalis, Inc. v. C.K. of Western America, Inc. , 304 N.W.2d 91 (N.D. 1981)
Pillips-Van Huesen Corporation v. Shark Bros., Inc. , 289 N.W.2d 216 (N.D. 1980)
Dahl v. City of Grafton , 286 N.W.2d 774 (N.D. 1979)
Lumber Mart, Inc. v. Haas International Sales & Service, Inc. , 269 N.W.2d 83 (N.D. 1978)
Danks v. Holland , 246 N.W.2d 86 (N.D. 1976)
Stenehjem v. Sette , 240 N.W.2d 596 (N.D. 1976)
Johnson v. Community Development Corp. of Wahpeton , 222 N.W.2d 847 (N.D. 1974)
Warner v. Johnson , 213 N.W.2d 895 (N.D. 1973)
Coal Harbor Stock Farm Inc. v. Meier , 191 N.W.2d 583 (N.D. 1971)
Kutchera v. Kutchera , 189 N.W.2d 680 (N.D. 1971)
Remillong v. Schneider , 185 N.W.2d 493 (N.D. 1971)
Brown v. Hedahl's-Q B and R, Inc. , 185 N.W.2d 249 (N.D. 1971)
Weidner v. Engelhart , 176 N.W.2d 509 (N.D. 1970)
Mittelstadt v. Engelhardt , 176 N.W.2d 521 (N.D. 1970)
Giese v. Engelhardt , 176 N.W.2d 521 (N.D. 1970)
Giese v. Engelhardt , 176 N.W.2d 522 (N.D. 1970)
Fuchs v. Engelhardt , 176 N.W.2d 522 (N.D. 1970)
Minette v. Associated Chinchilla Breeders, Inc. , 173 N.W.2d 485 (N.D. 1970)
Dissolution and Liquidation of Weisser Finance Company , 169 N.W.2d 420 (N.D. 1969)
Kapus v. Weisser Finance, Inc. , 169 N.W.2d 109 (N.D. 1969)
Scranton Grain Company v. Lubbock Machine & Supply Co. , 167 N.W.2d 748 (N.D. 1969)
Tri-State Insurance Company v. Lubbock Machine & Supply Co. , 167 N.W.2d 754 (N.D. 1969)
Fisher v. Mon Dak Truck Lines, Inc. , 166 N.W.2d 371 (N.D. 1969)

Generated from Supreme Court Docket on 08/28/2008