Corner Stone Funeral Chapel, Inc. v. MVMG, LLC

BRYAN, Justice.

Corner Stone Funeral Chapel, Inc. (“Corner Stone”), appeals from a judgment ordering a receiver to transfer the assets of a cemetery business to MVMG, LLC, a competitor of Corner Stone’s. We affirm.

Mountain View Memory Gardens & Mausoleum, Inc. (“the corporation”), owned a cemetery in Rainsville known as Mountain View Memory Gardens and Mausoleum (“the cemetery”). The corporation sold “preneed contracts” to people planning to be interred at the cemetery or planning to have loved ones interred there. A purchaser of a preheed contract pays for funeral merchandise, funeral…