Hill's Mortuary, Inc. v. Hill

CRAIN, Judge.

Plaintiff, a family owned corporation, and four of its five major stockholders1 sued the remaining stockholder and a prospective stockholder, to rescind the sale of certain real and movable property allegedly owned by the plaintiff corporation and fraudulently transferred by William Hill, Jr. to Jacqueline Wesley. Plaintiffs also sought damages and an accounting. The trial court granted the plaintiffs’ request for accounting, but refused to rescind the sale and award damages. We affirm the judgment of the trial court.

The sole issue presented for our consideration is whether the…