Hamway v. Libbie Rehabilitation Center, Inc.

By JUDGE MELVIN R. HUGHES, JR.

Plaintiffs, all minority shareholders of Libbie Rehabilitation Center, Inc. (Libbie) filed a Bill of Complaint seeking to liquidate Libbie and seeking money damages against the named defendants majority shareholders who are the officers and the directors of the corporation.

Having been filed in 1980 and set for trial in 1982, the case was to be dismissed after the parties arrived at a tentative settlement in the latter year only to be revived in 1983 when the settlement was not consummated. After some pre-trial motions, the trial began on November 18, 1985, was…