Panama Processes, S.A. v. Cities Service Co.

Decided 1990-07-17

Cited by 114 later decision(s) in our corpus · see the citation network in Lexace

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From the opinion

OPALA, Vice Chief Justice. 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 Brazil’s Civil Law system recognize that majority stockholders owe a fiduciary du…

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