Tp Orthodontics, Inc. v. Kesling
Indiana Court of Appeals
1Opinion of the Court
OPINION
VAIDIK, Judge.
Case Summary
In 2010, three sibling shareholders, Christopher, Adam, and Emily Kesling (“the siblings”), filed suit against their brother, Andrew Kesling, on behalf of the family business, TP Orthodontics (“TPO”). *1059In response, TPO’s board of directors established a special litigation committee to determine whether to pursue the siblings’ derivative claims against Andrew, the president of TPO. After an investigation, the committee issued a written report in which it recommended pursuing some of the siblings’ claims but not others. If a special litigation committee rejects…
2Cases cited19 opinions
- Fed. Sec. L. Rep. P 98,860 Athalie Doris Joy v. Nelson L. North, Nelson L. NorthCourt of Appeals for the Second Circuit · 1982
- Auerbach v. BennettNew York Court of Appeals · 1979
- Zapata Corp. v. MaldonadoSupreme Court of Delaware · 1981
- In Re Perrigo CompanyCourt of Appeals for the Sixth Circuit · 1997
- G & N AIRCRAFT, INC. v. BoehmIndiana Supreme Court · 2001
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3Cited by2 opinions
- TP Orthodontics, Inc. v. KeslingIndiana Supreme Court · 2014
- TP Orthodontics, Inc., Christopher Kesling, DDS, MS, Adam Kesling, and Emily Kesling v. Andrew Kesling, Individually and as Trustee of the Andrew C. Kesling Trust Dated March 28, 2001Indiana Supreme Court · 2014