Court of Appeals of Texas April 23, 2015, NO. 03-11-00680-CV (DeNucci v. Matthews)

OPINION

Scott K. Field, Justice

Paul DeNucci, a minority shareholder in a closely held corporation, eStrategy Solutions, Inc. (ESS), alleged that John Matthews, the majority shareholder, president, and treasurer of the corporation, breached his fiduciary duties and committed fraud by, among other things, funding distributions by incurring unauthorized loans and failing to pay vendors.