Legal Opinion

PRICEWATERHOUSECOOPERS, LLP v. Massey

Indiana Court of Appeals

Decided February 7, 2007No. 49A05-0512-CV-719PublishedCited by 13 opinions

1Opinion of the Court

OPINION

KIRSCH, Chief Judge.

PricewaterhouseCoopers, LLP (including its predecessor Coopers & Lybrand) (“PwC”) brings this interlocutory appeal contending that the trial court erred in denying its motion to dismiss the complaint of James D. Massey and Dennis E. Murray, Sr. (together, “Massey/Murray”), former directors of Conseco, Inc. (“Conse-co”). On appeal, PwC raises three issues of which we find the following to be dispos-itive: whether Massey/Murray’s claims are solely derivative in nature such that Massey/Murray have no standing to sue PwC in a direct action. 1

We reverse and remand.

FACTS…

2Cases cited25 opinions

  1. Franchise Tax Bd. of Cal. v. Alcan Aluminium Ltd.Supreme Court of the United States · 1990
  2. Philip Joseph Twohy, Jr. v. The First National Bank of ChicagoCourt of Appeals for the First Circuit · 1985
  3. W & W Equipment Co., Inc. v. MinkIndiana Court of Appeals · 1991
  4. Barth v. BarthIndiana Supreme Court · 1995
  5. G & N AIRCRAFT, INC. v. BoehmIndiana Supreme Court · 2001

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3Cited by13 opinions

  1. Holmes v. Review Board of the Indiana Employment Security Div.Indiana Court of Appeals · 1983
  2. Fehribach v. Ernst & Young LLPCourt of Appeals for the Seventh Circuit · 2007
  3. The Board of Commissioners of Delaware County a/k/a Delaware County Commissioners v. Beverly J. EvansIndiana Court of Appeals · 2012
  4. Carter Ex Rel. CNO Financial Group, Inc. v. HilliardIndiana Court of Appeals · 2012
  5. Schleicher v. WendtDistrict Court, S.D. Indiana · 2007

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