Little v. X-Pert Corp.

867 S.W.2d 15 (1993)

Glee F. LITTLE, Independent Executrix of the Estate of James Phillip Little, Deceased, Petitioner,

v.

X-PERT CORPORATION, Relator.

No. D-3411.

Supreme Court of Texas.

Argued October 12, 1993.

Decided December 8, 1993.

Robert S. Flaniken, Oklahoma City, OK, Mark N. Buzzard, Pampa, for petitioner.

Warlick Thomas, Paul H. Williamson, Todd W. Boykin, Marty L. Rowley, Amarillo, for relator.

At issue in this case is who is entitled, under a Buy-Sell Agreement between the shareholders of a closely held corporation, to the proceeds of a life insurance policy taken out on a former…