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BONTEMPO v. LARE

No. 55, September Term, 2014.

119 A.3d 791 (2015)

444 Md. 344

David S. BONTEMPO, Individually and on Behalf of Quotient, Inc. v. Clark J. LARE, et al.

Court of Appeals of Maryland.

August 6, 2015.

Attorney(s) appearing for the Case

Geoffrey H. Genth (Steven M. Klepper, Catherine M. Manofsky, Kramon & Graham, P.A., Baltimore, MD), on brief, for Petitioner.

Nicolò N. Donzella (Baxter, Baker, Sidle, Conn & Jones, P.A., Baltimore, MD), on brief, for Respondents.

William J. Murphy (John J. Connolly, Zuckerman Spaeder LLP, Baltimore, MD), on brief, for Respondents.

Argued before: BARBERA, C.J.; HARRELL, BATTAGLIA, GREENE, ADKINS, McDONALD, and ALAN M. WILNER (Retired, Specially Assigned), JJ.

Under the Maryland General Corporation Law,1 a minority shareholder of a closely held corporation who has been "oppressed" by those who control the corporation may ask a court of equity to dissolve the corporation. Many courts have measured oppression by looking to the "reasonable expectations" of minority...

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