Kent v. Kent

OPINION

THE FACTS

Thomas Kent (“Thomas”), Kenneth Kent (“Kenneth”), and Robert Kent (“Robert”) are brothers, the sons of Ira and Margaret Kent. Ira Kent founded the I.H. Kent Co., Inc. (the “corporation”), a corporation engaged in a variety of business activities in the Fallon, Nevada, area, including a grocery real property management. The brothers individually held shares of stock in the corporation; upon the death of their mother in 1986, they became the sole shareholders. At the time of trial in this matter, Robert held 45.04 percent of the corporation’s shares, Kenneth held 24.77 percent…