[Download] "Arent v. Distribution Sciences Inc." by United States Court of Appeals for the Eighth Circuit * Book PDF Kindle ePub Free

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Title: Arent v. Distribution Sciences Inc.
Author : United States Court of Appeals for the Eighth Circuit
Release Date : January 24, 1992
Genre: Law,Books,Professional & Technical,
Pages : * pages
Size : 62 KB

Description

LOKEN, Circuit Judge. Twenty minority shareholders of bankrupt LAN Systems, Inc. (""LAN""), commenced this diversity action against Distribution Sciences, Inc. (""DSI""), alleging numerous claims arising out of DSI's contractual relationship with LAN. The district court1 dismissed the complaint on the ground that these claims belong to LAN and may not be asserted individually by its shareholders. Plaintiffs appeal. We affirm.