Centrella v. Morris

RAPER, Chief Justice.

This case is concerned with the propriety of the grant of a motion for summary judgment in a shareholder’s derivative action. 1 The appellants-plaintiffs, Louis R. Centrella and Teewinot Broadcasting, Inc. (appellants), on August 2, 1978, brought suit against the defendants-appel-lees, Newbold Morris (appellee) and Teewi-not Broadcasting, Inc. (Teewinot), 2 by means of a complaint which alleged five causes of action. 3 Appellee moved for summary judgment. The district court granted the appellee’s motion for summary judgment as to the first, second, third, and fourth…