Legal Opinion

Borne v. Gonstead Advanced Techniques, Inc.

Court of Appeals of Wisconsin

Decided June 19, 2003No. 01-2624, 02-0973PublishedCited by 10 opinions

1Opinion of the CourtRoggensack, J.

¶ 1. Leo Borne, trustee for the Leo E. Borne Separate Property Trust (the Trust), appeals the circuit court's judgment dismissing his claims against Gonstead Advanced Techniques, Inc. (GAT), Robert Gonstead, Phyllis Markham Richelieu, John Thatcher, Larry Troxell, Linda Rhodes, James Obert, James Campbell, Dale Applegate, Herb Wood, *257Gary Pfaff, Sheldon Dellman, Polly McGinley and C.S. Gonstead Chiropractic Foundation (hereinafter collectively, shareholders). We conclude that because the Trust was not a shareholder at the time of the challenged transactions, it cannot maintain a derivative…

2Cases cited15 opinions

  1. Anadarko Petroleum Corp. v. Panhandle Eastern Corp.Supreme Court of Delaware · 1988
  2. Truttschel v. MartinCourt of Appeals of Wisconsin · 1997
  3. Rose v. SchantzWisconsin Supreme Court · 1972
  4. Hartridge v. State Farm Mutual Automobile Insurance Co.Wisconsin Supreme Court · 1978
  5. Einhorn v. CuleaWisconsin Supreme Court · 2000

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3Cited by10 opinions

  1. Notz v. Everett Smith Group, Ltd.Wisconsin Supreme Court · 2009
  2. Park Bank v. Roger E. WestburgWisconsin Supreme Court · 2013
  3. Ewer v. Lake Arrowhead Ass'nCourt of Appeals of Wisconsin · 2012
  4. Estate of Sheppard v. SpechtCourt of Appeals of Wisconsin · 2012
  5. Borne v. Gonstead Advanced Techniques, Inc.Court of Appeals of Wisconsin · 2003

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