Business Associations Keyed to Hamilton
Shlensky v. Wrigley
Facts
Wrigley (Defendant) was the majority shareholder and a director of the Chicago Cubs baseball team. Shlensky (Plaintiff) was a minority shareholder who sought to bring a shareholders’ derivative action to compel the directors to equip Wrigley Field (the home field of the Cubs) with lights to enable night games and increase revenues. The trial court sustained Defendant’s motion to dismiss over Plaintiff’s contention that the refusal to install lights was a personal decision of Defendant and not in the best interest of the shareholders.
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