Wood v. Hock
This action involves Hockwood Development, Inc. (Hockwood), a closely held corporation of three shareholders formed in 2001 to engage in land acquisition and development as well as construction management in the Sacramento area.
Wood and Rodgers have cross-appealed, claiming the trial court erred in failing to award them attorney fees pursuant to the common fund or substantial benefit doctrines that apply to shareholder derivative actions. Court shall affirm the judgment in its entirety.
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