This section contains the nature of the case and procedural background.

Several Guaranty shareholders formed the Committee (P) which commenced a proxy contest to elect its six nominees to the board of Guaranty. The final tally showed that P won by 57,000 votes or thereabouts. Thus, P's nominees were elected unless control share statutes apply to proxy contests. The judge of elections disenfranchised the votes for P based on his legal determination that the Control Shares Act precluded him from counting those votes.

The legal issues presented in this case will be displayed here.

The court's holding and decision will be displayed here.

Legal analysis from Dean's Law Dictionary will be displayed here.