By: dmc-admin//April 1, 2002//
Ronald A. Schaefer appeals from a judgment dismissing his action against Mark T. Ulinski and Schaefer Motor Sales, Inc., alleging illegal, oppressive and fraudulent corporate acts and the misapplication of corporate opportunities and assets. This case was tried to the court and Schaefer argues that the trial court failed to apply the proper standard with respect to corporate fiduciary duties and preemptive stock rights, and that it misinterpreted corporate documents. We conclude that the trial court properly applied the law and that Schaefer’s claims really focus on the sufficiency of the evidence. The trial court’s findings are supported by sufficient evidence.
We affirm the judgment.
This opinion will not be published.
Dist II, Racine County, Ptacek, J., Per Curiam
Attorneys:
For Appellant: Robert R. Weinstine, St. Paul, Minn.; Jeffrey R. Ansel, St. Paul, Minn.
For Respondent: Paul R. Norman, Madison; Sarah A. Zylstra, Madison