Essex Group, Inc. v. Nill

STATON, Judge.

Essex Group, Inc. ("Essex") appeals the dismissal of its complaint against the appel-lees, raising the sole issue of whether the trial court correctly concluded that Essex's complaint failed to state a claim upon which relief could be granted.

We affirm in part, reverse in part, and remand.

This is the fourth in a series of cases involving the share exchange purchase of Fort Wayne Tool & Die, Inc. by Essex. See Essex Group, Inc. v. Nill (1984), Ind.App., 462 N.E.2d 1334, cert. denied 471 U.S. 1017, 105 S.Ct. 2022, 85 L.Ed.2d 304 (Essex I) and Essex Group, Inc. v. Nill (1989),…