Mauck v. Cherry Oil Co.

Whether the Business Court erred in dismissing a claim for judicial dissolution under N.C.G.S. 55-14-30(2)(ii) for lack of standing when the plaintiff-shareholder held the contractual right to exercise a put option and sell their shares back to the company at fair market value.

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Summary

Whether the Business Court erred in dismissing a claim for judicial dissolution under N.C.G.S. 55-14-30(2)(ii) for lack of standing when the plaintiff-shareholder held the contractual right to exercise a put option and sell their shares back to the company at fair market value.