International Bankers Life Insurance Co. v. Holloway

STEAKLEY, Justice.

International Bankers Life Insurance Company,, an insurance corporation, plaintiff below and so referred to in this opinion,, brought suit against Sterling C. Holloway,. D. D. Beasley and J. W. Walden, defendants below and so referred to. Plaintiff’s suit charged defendants with conspiracy, breach of fiduciary duties as officers and directors of plaintiff, mismanagement and misappropriation of corporate funds belonging to plaintiff, and the usurpation and appropriation of corporate opportunities.

The trial court entered judgment for plaintiff, based on jury findings, in the…