Court Opinion

ID: 9717311
Source: CourtListenerOpinion
Date Created: 2023-08-26 07:01:25.898078+00
Date Added: 2024-06-11T18:23:52.444472
License: Public Domain

FOLEY, P.J.
(dissenting). I would not award any expert fees. Although the fees may be reasonable, incurring them was unreasonable. They exceeded the potential recovery, and their allowance more than triples the recovery. Although minority shareholders are entitled to reasonable protection, courts should not extend this protection to the point of unreasonable abuse of the corporation or the remaining shareholders. I see an abuse when a small minority of shareholders with a *105potential recovery of $21,000 based on their evidence, incur attorney fees of over $200,000 and expert fees of over $21,000 plus taxable costs for a recovery of $10,000. The offer in this case was not so unreasonable as to warrant this action or these expenses.