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Bearce v. Yellowstone Energy Development

Docket No. 20210010
Oral Argument: Wednesday, June 30, 2021 2:45 PM

Docket Info

Title
Daniel T. and Debra Ann Bearce, Plaintiffs and Appellants
v.
Yellowstone Energy Development, LLC, Acting By
and Through Its Board of Directors, Defendant and Appellee
Case Type
CIVIL APPEAL : CONTRACTS
Appeal From
Case No. 2016-CV-01414
Northwest Judicial District, Williams County
Joshua B. Rustad
2021 ND 143963 N.W.2d 299
Oral Argument 6/30/2021

Highlight

Where you have a closely held company, the law imposes a fiduciary duty upon the governors and majority shareholders to act in good faith, and affords remedies to minority shareholders if those in control act fraudulently, illegally, or in a manner unfairly prejudicial toward any shareholder.

The date a person acquires interest in a company is a question of fact reviewed under the clearly erroneous standard.


Briefs

Filing Date Description
04/19/2021 APPELLANT BRIEF View
05/27/2021 APPELLEE BRIEF View

Counsel

Party Type Name
APPELLEE PRIVATE PRACTICE Kent A Reierson - 03685
APPELLANT PRIVATE PRACTICE Charles L Neff - 04023
APPELLEE PRIVATE PRACTICE Trevor A. Hunter - 07959

(Note: Attachments may not be available for recently filed cases and/or confidential documents.)

Seq. # Filing Date Description Attachment
1 01/13/2021 NOTICE OF APPEAL : 01/13/2021
2 01/13/2021 ORDER FOR TRANSCRIPT : 01/22/2021
3 01/15/2021 Rec'd $125.00 Filing Fee (receipt #28054)
4 01/22/2021 NOT. OF FILING NOT. OF APPEAL AND PROOF OF SERV.
5 01/22/2021 Notice Served on Charles L. Neff, Kent A. Reierson & Trevor A. Hunter
6 02/17/2021 ELEC. RECORD ON APPEAL DATED FEBRUARY 16, 2021 (ENTRY NOS.1-143)
7 03/10/2021 ELECTRONIC TRANSCRIPT DATED JUNE 8, 2020
8 03/10/2021 TRANSCRIPT C.O.S.
9 04/19/2021 APPELLANT BRIEF View
10 04/19/2021 Oral Argument Request by Appellant
11 04/20/2021 APPELLANT APPENDIX
12 04/22/2021 Rec'd non-substantive corrections to ATB & ATA (margins, footnotes & C.O.S.)
13 04/27/2021 Rec'd 4 copies of ATB & ATA from CSD
14 05/13/2021 MOT. EXT/TIME APPELLEE BRIEF
15 05/13/2021 ACTION BY CLERK - Granted : 05/31/2021
16 05/18/2021 NOTICE OF ORAL ARGUMENT SENT
17 05/27/2021 APPELLEE BRIEF View
18 05/27/2021 Oral Argument Request by Appellee
19 05/27/2021 APPELLEE APPENDIX
20 06/01/2021 Rec'd 4 copies of AEB & AEA from CSD
21 06/02/2021 Rec'd $44.50 e-filing surcharge for AEA (receipt #28149)
22 06/30/2021 ANNOUNCED DISQUALIFICATION : McEvers, Lisa K. Fair
23 06/30/2021 APPEARANCES: Charles L. Neff/Kent A. Reierson
24 06/30/2021 ARGUED: Charles L. Neff/Kent A. Reierson
25 08/05/2021 DISPOSITION
26 08/05/2021 UNANIMOUS OPINION : Tufte, Jerod E. View
27 08/05/2021 Judgment View
28 08/05/2021 COSTS ON APPEAL TAXED IN FAVOR OF APPELLEE
29 08/27/2021 MANDATE