United States First Circuit

A shareholder's taking into account its own interests, in deciding to vote against a merger, did not breach a fiduciary duty to a closely held corporation under Massachusetts law, where a legitimate business rationale for the vote was shown.

Appellate Information

• Decided 08/14/2002
• Published 08/14/2002

Judges

• LYNCH, Circuit Judge., Before TORRUELLA, Circuit Judge, COFFIN, Senior Circuit Judge, and LYNCH, Circuit Judge.

Court

• United States First Circuit

Counsel

• For Appellant:
  
• Louis N. Massery with whom Massery & Gillis, LLP, Albert L. Farrah Jr., and Corwin & Corwin, LLP were on brief for appellant.


• For Appellees:
  
• James W. Prendergast with whom Michael G. Bongiorno, Peter J. Kolovos, Barbara Van Gorder, and Hale and Dorr LLP were on brief for appellees.