Amador v. Reggie

AMY, Judge.

hThe plaintiffs were the sole shareholders of a corporation that pursued the purchase of a rice mill. Surrounding events resulted in a default judgment entered against the corporation and, eventually, its bankruptcy. The plaintiffs brought this suit in their individual capacity in an attempt to recover funds invested in the corporation. The suit was dismissed after the trial court sustained the defendants’ exception of no right of action. The plaintiffs appeal. For the following reasons, we affirm.

Factual and Procedural Background

The plaintiffs, Fredy Amador and Siervo Amador,…