[DOWNLOAD] "Masterson v. Pergament" by United States Court Of Appeals Sixth Circuit " Book PDF Kindle ePub Free

February 24, 2021

eBook details

Title: Masterson v. Pergament
Author : United States Court Of Appeals Sixth Circuit
Release Date : January 23, 1953
Genre: Law,Books,Professional & Technical,
Pages : * pages
Size : 80 KB

Description

It is to be regretted, in view of the careful consideration given by Judge ALLEN to the long and involved record in the above case and to the numerous briefs filed therein, that Judge MILLER and I are not able to concur in the conclusion reached in the elaborate opinion originally prepared by her for the court, which must now be classified as a dissent. It becomes unnecessary, however, to review much of what has been said therein as to the origin of the litigation, the relationship of the parties and circumstances not controverted in the various transactions here challenged as being violations of a fiduciary obligation of the directors of Kaiser-Frazer Corporation to its shareholders. Nor have we any quarrel with its statement of the law which requires meticulous scrutiny of transactions between corporations having overlapping Boards of Directors and executive officers.