Fair Farms, Inc. v. Holt

_JjIn this stockholder lawsuit concerning the closing of Transylvania Gin, Inc., Fair Farms, Inc.,1 appeals a summary judgment granted in favor of defendants. Fair Farms also appeals a judgment granting the exception of prescription as to its negligence claims.

We reverse the summary judgment. We also reverse the granting of the exception of prescription insofar as it dismissed certain negligence claims. The matter is remanded for further proceedings.

FACTS

Transylvania Gin is a closely held corporation owned, at the filing of this suit, by eight stockholders. The stock was held in six blocks of…