Zimmerman v. Kyte

—Sara Kyte appeals a judgment in favor of Don and Kathryn Zimmerman on a cause of action previously owned by Plaza Drug Corporation. Kyte does not dispute her liability on the merits but argues that the Zim-mermans lacked standing as shareholders of Plaza to prosecute the claim and that the corporation could not do so because it failed to pay its annual license fee. The Secretary of State dissolved Plaza during the course of this action because of the fee delinquency, and the Zimmermans now claim title to the cause as Plaza's successors.

Facts

In 1974, Don Zimmerman and Michael Bloom formed…