Legal Opinion

In re Islander Shipholding, Inc.

Louisiana Court of Appeal

Decided April 15, 1998No. 97-CA-978PublishedCited by 8 opinions

1Opinion of the Court

| RICKER, Judge.

The issue on this appeal is whether shareholders who dissolved their corporation must notify anyone when the shareholders decide to reinstate the corporate status pursuant to La. R.S. 12:142.1(B).

Islander Shipholding, Inc. was incorporated in Louisiana on July 1,1993, with Pacific-Gulf Marine, Inc. as its sole shareholder. On April 2, 1996 Islander sold its primary asset, the vessel M/V SUGAR ISLANDER, to Gulfcoast Transit Company. The sale document stipulated that any disputes would be referred to arbitration. On April 12, 1996 the parties signed a reservation of rights in…

2Cases cited2 opinions

  1. Levy v. BilleaudSupreme Court of Louisiana · 1984
  2. Gendusa v. City of New OrleansLouisiana Court of Appeal · 1994

3Cited by8 opinions

  1. In re Reinstatement of Venture Associates, Inc. of LouisianaLouisiana Court of Appeal · 2005
  2. In re Reinstatement of Venture Associates, Inc. of LouisianaLouisiana Court of Appeal · 2001
  3. Airline Skate Center, Inc. v. CieutatLouisiana Court of Appeal · 1999
  4. In re Reinstatement of S&D Roofing, LLCLouisiana Court of Appeal · 2016
  5. In re Reinstatement of Southern Labor Services, L.L.C.Louisiana Court of Appeal · 2014

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