Case Conclusion Date: 09.12.2014
Practice Area: Commercial
Outcome: Court of Appeals affirmed trial court judgment and fee award; State Supreme Court reversed fee award and remanded to trial court, which then reinstated fee award in full. Judgment in favor of individual members of LLC.
Description: Dissenter's-right's trial where dissenter improperly asserted claims against members of limited liability company. Court of Appeals affirmed, Supreme Court reversed fee award on two appeals by the losing party and Supreme Court in second decision declined to assess member liability on corporate veil-piercing theories. Trial court declined losing party's third round of litigation to hold individual members liable. Losing party abandoned appeal in September 2014 to conclude nearly 10 years of litigation