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Camden Systems v. 409 North Camden
Despite prior meeting's defective notice, LLC's member's ratification authorized and affirmed previous actions.
Corporations 2DCA/7 Jul. 25, 2024
Turner v. Victoria
A nonprofit public benefit corporation director who brings a lawsuit under Corporations Code Sections 5142, 5233, or 5223 does not lose standing if they subsequently lose their director position.
Corporations CASC Aug. 4, 2023
Hacker v. Fabe
Plaintiff was the alter ego of his company since his manipulation of assets and destruction of records suggested there was no separate personality between him and the company.
Corporations 2DCA/8 Jul. 5, 2023
Takiguchi v. Venetian Condominiums Maintenance Corp.
Court could force homeowners association to hold regular election where substantial evidence showed quorum numbers were met by online presence not initially counted.
Corporations 4DCA/1 Apr. 24, 2023
Lake Lindero Homeowners Assn., Inc. v. Barone
Association members' special meeting to oust old board and vote new board met statutory and Association bylaw quorum and majority vote requirements.
Corporations 2DCA/3 Mar. 29, 2023
JPV I L.P. v. Koetting
Court improperly applied the alter ego theory to the LLC's' managing members by not considering all relevant factors showing a unity of interest and ownership.
Corporations 1DCA/3 Feb. 8, 2023
Farnum v. Iris Biotechnologies Inc.
Trial court refusing to award shareholder reasonable expenses incurred in action to enforce inspection rights was not an abuse of discretion because the corporation's refusal was not without justification.
Corporations 6DCA Dec. 20, 2022
Crane v. R. R. Crane Investment Corp., Inc.
Plaintiff was not entitled to prejudgment interest under Civil Code Section 3287 because a buyout of shares under Corporations Code 2000 does not qualify as a recovery of damages.
Corporations 2DCA/7 Aug. 30, 2022
Modification: Friend of Camden v. Brandt
Under Corporations Code Section 17707.01, a successful vote to dissolve a limited liability corporation extinguished defendants' rights to otherwise purchase plaintiff's interest to avoid dissolution.
Corporations 2DCA/8 Aug. 4, 2022
Friend of Camden v. Brandt
Under Corporations Code Section 17707.01, a successful vote to dissolve a limited liability corporation extinguished defendants' rights to otherwise purchase plaintiff's interest to avoid dissolution.
Corporations 2DCA/8 Aug. 3, 2022
Fowler v. Golden Pacific Bancorp.
The mere possibility that information could be used adversely to the corporation was not, on its own, sufficient to defeat a director's inspection rights under Corporations Code Section 1600.
Corporations 3DCA Jun. 24, 2022
Lopez v. Escamilla
Trial court erred by granting summary judgment in favor of defendant because there were triable issues of fact concerning sole shareholder's alter ego liability.
Corporations 2DCA/6 Jun. 7, 2022
Sirott v. Superior Court (Patel)
Plaintiff lacked standing to bring a derivative suit because it lacked continuous membership in the company, as it relinquished its membership during litigation.
Corporations 1DCA/1 May 6, 2022
Alpha Venture Capital Partners v. Pourhassan
CEO's profits from selling stocks five months after being awarded options by a majority of the board of directors fell within an exemption to Section 16(b) of the Securities Exchange Act.
Corporations 9th Apr. 11, 2022
Tola v. Bryant
Intel board of directors' actions after security vulnerabilities to its microprocessors were exposed did not constitute bad faith and dismissal with prejudice was appropriate.
Corporations 1DCA/5 Mar. 28, 2022
Blizzard Energy, Inc. v. Schaefers
Trial court erred when adding an LLC as an alter ego judgment debtor because debtor's former wife with an interest in the LLC may be an innocent third party harmed by the addition.
Corporations 2DCA/6 Nov. 19, 2021
Schrage v. Schrage
A shareholder did not have standing to bring a cause of action for breach of fiduciary duty because he did not allege a derivative cause of action on behalf of the corporation.
Corporations 2DCA/7 Sep. 23, 2021
Cheng v. Coastal L.B. Associates, LLC
Substantial evidence supported applying a 27 percent discount to the fair market value of an interest share of an LLC.
Corporations 2DCA/2 Sep. 23, 2021
Turner v. Victoria
Corporations Code Section 5710(b) requires continuous membership in nonprofit public benefit corporation to bring derivative action.
Corporations 4DCA/1 Aug. 19, 2021
Ramirez v. Gilead Sciences, Inc.
Corporations Code Section 1601 extends right to inspect corporation's books and records to shareholders; thus, petitioner lacked standing as beneficial owner of shares.
Corporations 1DCA/3 Jul. 7, 2021
Holistic Supplements v. Stark
Trial court erred in granting nonsuit on individual claims asserted by the owner of a limited liability company in conjunction with the company.
Corporations 2DCA/8 Mar. 4, 2021
Butler America v. Aviation Assurance Co.
Trial court properly added defendants as judgment debtors because evidence supported its finding that defendants were alter egos of original judgment debtor, which was a shell entity.
Corporations 2DCA/6 Sep. 30, 2020
Brown v. Pacifica Foundation, Inc.
There is not an all-purpose definition of the term 'public office,' and analysis of context and intent is necessary to give the term meaning in a given situation.
Corporations 1DCA/4 May 1, 2019
North Valley Mall v. Longs Drug Stores
Reverse triangular merger did not effect a de factor merger; there was no evidence that defendants structured it to disadvantage creditors or shareholders.
Corporations 3DCA Sep. 26, 2018
Ontiveros v. Constable
Under Corporations Code Section 2000(c), a shareholder can appeal so long as she is aggrieved by the action of the court.
Corporations 4DCA/1 Sep. 19, 2018
Apple Inc. v. Superior Court (Santa Clara)
Following Delaware Supreme Court ruling, panel directs courts to assess demand futility analysis in relationship to corporate board in place at time of amended complaint, not at time original suit was filed.
Corporations 6DCA Dec. 12, 2017
Curci Investments v. Baldwin
Reverse veil piercing relief sought by judgment creditor to hold LLC liable as judgment debtor erroneously denied based on improper application of ‘Postal Instant.’
Corporations 4DCA/3 Aug. 11, 2017
Tract No. 7260 Association Inc. v. Parker
Homeowners association's membership list erroneously ordered disclosed where single-member requester sought it for improper purpose.
Corporations Mar. 27, 2017
Western Surety Co. v. La Cumbre Office Partners LLC
LLC bound by agreement signed by person despite misstated position and where third party was unaware of signer's lack of authority to execute agreement.
Corporations Feb. 3, 2017
LMPERS et al v. Wynn et al
Wynn Resorts shareholders fail to establish likelihood of futility in demanding directors pursue litigation regarding alleged bribed and intimidation tactic.
Corporations Jul. 19, 2016