Tomlinson and Hubbard were two of five shareholders in Multimedia Software Distributors, a corporation. The corporation was

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Tomlinson and Hubbard were two of five shareholders in Multimedia Software Distributors, a corporation. The corporation was formed in 1992 and filed for bankruptcy in 1994. In 1996, Tomlinson filed a claim in his own name, alleging that Hubbard had breached his fiduciary duties to Tomlinson by diverting proceeds owned by Multimedia to another business owned by Hubbard. Hubbard contends that Tomlinson is an improper plaintiff. Decide.

[Hubbard v Tomlinson, 747 NE2d 69 (Ind App)]

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Anderson's Business Law And The Legal Environment

ISBN: 9780324638189

20th Edition

Authors: David P Twomey, Marianne M Jennings, Ivan Fox

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