Estate of Penzenik v. Penz Products, Inc.
Indiana Court of Appeals
1Opinion of the Court
OPINION
KIRSCH, Judge.
Linda Penzenik, personal representative of the Estate of Gregory J. Penzenik (Estate), appeals the trial court’s judgment requiring the Estate to sell its shares of Penz Products, Inc. (Penz) stock to Penz pursuant to a 1991 buy-sell agreement (Agreement), raising numerous issues for review. We address only one, which we find dispositive: whether Penz’s petition for specific performance was timely filed under IC 29-1-14-21.
We reverse.
FACTS AND PROCEDURAL HISTORY
Penz is a closely held corporation owned by members of the Penzenik family. In 1991, the shareholders executed…
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- Matter of Estate of WilliamsIndiana Court of Appeals · 1980
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- Estate of Baker v. LahrmanIndiana Court of Appeals · 1987
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