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State court of last resort · ST-VA-SC
Willard v. Moneta Building Supply
No. 981836Supreme Court of Virginia
981836 Willard v. Moneta Building Supply 06/11/1999 In a case involving sale of the assets of a closely-held corporation, the trial court correctly rejected the minority stockholder's attacks on theories of br…
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981836 Willard v. Moneta Building Supply 06/11/1999 In a case involving sale of the assets of a closely-held corporation, the tri…
- Court
- Supreme Court of Virginia
- First added here
- October 4, 2026
- Last entry
- June 11, 1999
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981836 Willard v. Moneta Building Supply 06/11/1999 In a case involving sale of the assets of a closely-held corporation, the trial court correctly rejected the minority stockholder's attacks on theories of breach of statutory and common law duties by the directors and majority stockholders in failing to maximize the purchase price, conflict of interests, and failure to comply with the statutory procedures. The judgment upholding the transaction is affirmed.
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· Supreme Court of Virginia
Affirmed
The court's record, as written
981836 Willard v. Moneta Building Supply 06/11/1999 In a case involving sale of the assets of a closely-held corporation, the trial court correctly rejected the minority stockholder's attacks on theories of breach of statutory and common law duties by the directors and majority stockholders in failing to maximize the purchase price, conflict of interests, and failure to comply with the statutory procedures. The judgment upholding the transaction is affirmed.
Outcome words in this text: affirmed.
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