Streck, Inc. v. Ryan

Summary

The Nebraska Supreme Court affirmed partial summary judgment holding that Class B nonvoting shareholders lacked appraisal rights for Streck's disposition of assets. The court concluded that the governing statute limited such rights to shareholders entitled to vote on the disposition, and that Streck's articles did not expressly extend appraisal rights to Class B shareholders. The court also upheld the certified final judgment and the use of declaratory judgment, and held that Streck LLC remained available to satisfy any liability.