[Download] "Mccauley V. Mccauley" by New Mexico Court of Appeals # eBook PDF Kindle ePub Free
eBook details
- Title: Mccauley V. Mccauley
- Author : New Mexico Court of Appeals
- Release Date : January 08, 1986
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 66 KB
Description
LaVerne and Fred McCauley were married to one another and owned 60% of the stock in Tom McCauley & Son, Inc. (corporation), a closely held family corporation involved in cattle ranching. They separated in 1977 and were subsequently divorced. Thereafter, LaVerne McCauley (plaintiff), brought an action against the corporation and the remaining shareholders which included her former husband, parental in-laws and two sons (defendants). Her lawsuit sought damages for fraud and breach of fiduciary duty; she also sought to compel an involuntary liquidation pursuant to NMSA 1978, Section 53-16-16 (Repl. Pamp.1983), on the basis that the majority stockholders had engaged in oppressive conduct.
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