Legal Opinion
McRedmond v. Estate of Marianelli
Court of Appeals of Tennessee
Decided August 31, 2000PublishedCited by 22 opinions
1Opinion of the Court
OPINION
CANTRELL, P.J., M.S.,
delivered the opinion of the court,
in which KOCH and CAIN, JJ., joined.
Minority shareholders in a Kentucky apparel manufacturing company brought this *733suit in the name of the corporation. The plaintiffs claimed an agreement approved by the Board of Directors siphoned off a significant portion of the corporation’s revenues to another entity in which the defendant directors had an interest. The trial court dismissed the derivative claim on summary judgment, finding that the action of the Board was not voidable under Kentucky’s conflict of interest law. It also found…
2Cases cited12 opinions
- Byrd v. HallTennessee Supreme Court · 1993
- Aronson v. LewisSupreme Court of Delaware · 1984
- Wallace v. Lincoln Savings BankTennessee Supreme Court · 1891
- Haluka v. BakerOhio Court of Appeals · 1941
- Lewis Ex Rel. Citizens Savings Bank & Trust Co. v. BoydCourt of Appeals of Tennessee · 1992
7 more not listed; retrieve them via the Exa API.
3Cited by22 opinions
- Kristen Cox MORRISON v. Paul ALLEN Et Al.Tennessee Supreme Court · 2011
- Sanford v. Waugh & Co., Inc.Tennessee Supreme Court · 2010
- Storetrax.com, Inc. v. GurlandCourt of Appeals of Maryland · 2007
- Dykstra v. Page Holding Co.South Dakota Supreme Court · 2009
- Timothy Pagliara v. Johnston Barton Proctor and RoseCourt of Appeals for the Sixth Circuit · 2013
17 more not listed; retrieve them via the Exa API.