SentinelC3 v. Hunt (Majority)
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The issue this case presented to the Supreme Court centered on proceedings to determine the fair value of shares in a closely held corporation. The primary question presented was whether the respondents, shareholders who disagreed with the corporation's estimate of that fair value, presented sufficient evidence to defeat the corporation's motion for summary judgment. Secondarily, the Court was asked to decide whether the trial court properly awarded attorney and expert fees to the corporation. After review, the Supreme Court held that respondents did not provide sufficient evidence to defeat the corporation's motion for summary judgment. Furthermore, the Court held respondents did not act in a manner that justified the trial court's award of fees to the corporation. Therefore, the Court of Appeals was reversed as to the summary judgment issue and affirmed as to the fees.
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