A private utility provider sued its joint venturer for breach of fiduciary duty and breach of contract involving the provision of gas and electricity to the Tahoe-Reno Industrial Center (TRI-Center) via a general improvement district (GID). The p...
Case Description: A defendant acquired a sizeable minority block of shares in the corporation, which gave him de facto control of the corporation. The recapitalization was carried out without any approval of the corporation's public shareholders,... View Proceeding