Gordon R. McGee v. Carl Pippin

IN THE COURT OF APPEALS OF TENNESSEE AT NASHVILLE Assigned on Briefs October 24, 2005 GORDON R. MCGEE v. CARL PIPPIN, ET AL. Appeal from the Chancery Court for Rutherford County No. 89CV000083 Robert E. Corlew, III, Chancellor No. M2004-00296-COA-R3-CV - Filed November 30, 2005 Stockholders of an insolvent corporation sought disbursement of corporate funds remaining on deposit with the trial court. The trial court determined that stockholder-creditor should be repaid prior to splitting the excess funds equally between stockholders. Stockholder appealed and we affirm the decision of the trial…