NEWS FLASH: The Texas Supreme Court opinion in Ritchie v. Rupe that was issued on Monday and holds that shareholder oppression is not a separate cause of action in Texas. As to fiduciary duties, the Supreme Court refers on page 13 favorably to Gearhart for “describing corporate director’s fiduciary duties or obedience, loyalty and due care”). This opinion suggests that Texas is coming more in line with Delaware on this issue. You can read the opinion here
Texas Bar CLE
Essentials of Business Law Course 2015
March 12 -13, 2015
Hilton Park Cities Hotel
Click here for full brochure and registration information
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