Lees Inns of America, Inc. v. William R. Lee Irrevocable Trust

Opinion

BAKER, Chief Judge.

This eight-year-long litigation involving an Indiana-based hotel chain that was commenced under the Dissenter's Rights Statute 1 has resulted in a judgment in excess of $7.5 million in favor of the minority shareholders in the corporation. Appellant-plaintiff Lees Inns of America, Inc. (Lees Inns), appeals the trial court's judgment in favor of appellees-defendants William R. Lee Irrevocable Trust, Donald Lee, and Robert Lee as co-trustees (collectively, the Trust), in this action that Lees Inns initiated. Specifically, Lees Inns argues that the trial court erred in…