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<p class="MsoNormal"><span style="color:#1F497D">As shareholder, no; I think the caselaw is pretty clear that shareholders don't have fiduciary duties to the company, merely by being shareholders. However, in a closely held corporation, if the CEO/President/Manager/Whatever
has died and no one's running the place, the Estate may need to vote shares to elect a new officer. But I don't think even that rises to a "duty" under the law; except maybe PR's duty to preserve/maintain assets during pendency of the Estate?<o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt;color:#1F497D">Sincerely,<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt;color:#1F497D"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt;color:#1F497D">Eric<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt;color:#1F497D"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt;color:#1F497D">Eric C. Nelsen<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt;color:#1F497D">SAYRE LAW OFFICES, PLLC<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt;color:#1F497D">1320 University St<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt;color:#1F497D">Seattle WA 98101-2837<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt;color:#1F497D">phone 206-625-0092<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt;color:#1F497D">fax 206-625-9040<o:p></o:p></span></p>
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<p class="MsoNormal"><b><span style="font-size:10.0pt;font-family:"Tahoma","sans-serif"">From:</span></b><span style="font-size:10.0pt;font-family:"Tahoma","sans-serif""> wsbarp-bounces@lists.wsbarppt.com [mailto:wsbarp-bounces@lists.wsbarppt.com]
<b>On Behalf Of </b>Samuel M. Meyler<br>
<b>Sent:</b> Tuesday, August 18, 2015 9:40 PM<br>
<b>To:</b> wsbarp@lists.wsbarppt.com<br>
<b>Subject:</b> [WSBARP] Duty Owed to Deceased's Entity?<o:p></o:p></span></p>
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<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">Listmates,<o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">Does the Estate and/or Personal Representative of a deceased major shareholder of a corporation owe any fiduciary duties to the entity?
<o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal"><b><span style="font-size:10.0pt;font-family:"Arial","sans-serif";color:blue">Samuel M. Meyler<o:p></o:p></span></b></p>
<p class="MsoNormal" style="margin-bottom:12.0pt"><b><span style="font-size:10.0pt;font-family:"Arial","sans-serif";color:blue">Attorney at Law </span></b><span style="font-size:10.0pt"><o:p></o:p></span></p>
<p class="MsoNormal"><b><span style="font-size:10.0pt;font-family:"Arial","sans-serif";color:blue">Mail:</span></b><span style="font-size:10.0pt;font-family:"Arial","sans-serif";color:blue"> P.O. Box 777 <b>|</b> Redmond, WA 98073-0777</span><span style="font-size:10.0pt"><o:p></o:p></span></p>
<p class="MsoNormal"><b><span style="font-size:10.0pt;font-family:"Arial","sans-serif";color:blue">Location:</span></b><span style="font-size:10.0pt;font-family:"Arial","sans-serif";color:blue"> 8201 164th Ave. NE, Suite 200 <b>|</b> Redmond, WA 98052</span><span style="font-size:10.0pt"><o:p></o:p></span></p>
<p class="MsoNormal"><b><span style="font-size:10.0pt;font-family:"Arial","sans-serif";color:blue">Tel:</span></b><span style="font-size:10.0pt;font-family:"Arial","sans-serif";color:blue"> 425.881.3680 <b>| Fax:</b> 425.881.1457 <b>| Email:</b> <a href="mailto:samuel@meylerlegal.com">samuel@meylerlegal.com</a><o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.0pt;font-family:"Arial","sans-serif";color:blue"> </span><span style="font-size:10.0pt"><o:p></o:p></span></p>
<p class="MsoNormal"><b><span style="font-size:10.0pt;font-family:"Arial","sans-serif";color:blue">NOTICE:</span></b><span style="font-size:10.0pt"><o:p></o:p></span></p>
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