Legal Opinion
Jennings v. KAY JENNINGS FAMILY LTD.
Supreme Court of Virginia
Decided April 18, 2008No. Record 070498PublishedCited by 6 opinions
1Opinion of the Court
OPINION BY Senior Justice ELIZABETH B. LACY.
In this appeal we consider whether the trial court erred in dismissing Michael Jennings' derivative suit because Michael, a limited partner in the Kay Jennings Family Limited Partnership, did not "fairly and adequately represent the interests" of the limited partners and the partnership and therefore lacked standing to bring a derivative suit pursuant to Code § 50-73.62.
FACTS and PROCEEDINGS
Louis Allen Jennings operated a car dealership, Springfield Toyota, Inc. (the dealership), in Springfield, Virginia on land which he owned. In 1964, Louis…
2Cases cited10 opinions
- Fink v. GolenbockSupreme Court of Connecticut · 1996
- Cooper Industries, Inc. v. MelendezSupreme Court of Virginia · 2000
- Davis v. Comed, Inc.Court of Appeals for the Sixth Circuit · 1980
- G. A. Enterprises, Inc. v. Leisure Living Communities, Inc.Court of Appeals for the First Circuit · 1975
- Elgin v. Alfa Corp.Supreme Court of Alabama · 1992
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3Cited by6 opinions
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