Legal Opinion

State ex rel. Great Fidelity Life Insurance v. Circuit Court

Indiana Supreme Court

Decided October 19, 1972No. 572S59PublishedCited by 5 opinions

1Opinion of the CourtGlVAN, J.

Relators are a corporation organized under the insurance laws of Indiana, the officers and directors of that corporation and that corporation’s parent corporation, which owns more than 50% of the outstanding common stock of Great Fidelity. On January 26, 1972, United States Standard Asset Growth Corp. and Edward Karsch, its president, who *443together then owned less than 1.2% of the shares of Great Fidelity, brought a stockholders derivative suit in the Vanderburgh Circuit Court, which was venued to the Posey Circuit Court, Cause No. 72-C-38. In their complaint they alleged a fraudulent…

2Cases cited4 opinions

  1. Sacks v. American Fletcher National Bank & Trust Co.Indiana Supreme Court · 1972
  2. Lowery v. State Life InsuranceIndiana Supreme Court · 1899
  3. STATE EX REL. M.-WEST INS. CO. v. S. Ct. of Marion Co.Indiana Supreme Court · 1952
  4. Charles Hegewald Co. v. State Ex Rel. HegewaldIndiana Supreme Court · 1925

3Cited by5 opinions

  1. Ireland v. WynkoopColorado Court of Appeals · 1975
  2. Celina Mutual Insurance Co. v. American Druggists Insurance Co.Ohio Court of Appeals · 1977
  3. STATE EX REL. GREAT FID. L. INS. CO. v. Circuit Ct.Indiana Supreme Court · 1972
  4. Delo H. Caspary v. The Louisiana Land and Exploration CompanyCourt of Appeals for the Fourth Circuit · 1983
  5. Delo H. Caspary v. The Louisiana Land and Exploration CompanyCourt of Appeals for the Fourth Circuit · 1983

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