(DOWNLOAD) "Panama Processes v. Cities Service Co." by South Carolina Supreme Court * eBook PDF Kindle ePub Free

eBook details

Title: Panama Processes v. Cities Service Co.
Author : South Carolina Supreme Court
Release Date : January 17, 1990
Genre: Law,Books,Professional & Technical,
Pages : * pages
Size : 92 KB

Description

1 The appeal presents four issues for decision: [1] Did the district court err in recognizing a prior Brazilian declaratory judgment? [2] Does Brazilian law apply to the issue whether a majority stockholder owes a fiduciary duty to a minority stockholder? and if so [3] Does Brazils Civil Law system recognize that majority stockholders owe a fiduciary duty to minority stockholders? and [4] Does Brazilian law permit an individual stockholders suit against a majority stockholder for breach of a statutory duty? We answer the first, third and fourth questions in the negative and the second in the affirmative.