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Corporate – Purchase of Shares (access required)

High Point Bank & Trust Company v. Sapona Manufacturing Co. A trial judge correctly granted the defendants summary judgment based on determinations (1) that no material issue of fact existed and (2) that the plaintiffs' claim that the defendants were required to purchase a woman's shares in the defendant corporations after her death was unreasonable as a matter of law.
By North Carolina Lawyers Weekly Staff 
Published: May 19, 2011
Time posted: 9:24 am
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