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F.H.T., INC. v. FEUERHELM

No. 81-808.

320 N.W.2d 772 (1982)

211 Neb. 860

F.H.T., INC., a corporation, the Mabel T. Erickson Irrevocable Trust, and James S. Bailey, Trustee, Appellees, v. Duane R. FEUERHELM, Personal Representative of the Estate of Jerald E. Feuerhelm, Defendant and Third-Party Plaintiff, Appellant, and F.H.T., INC., a Nebraska corporation, Hastings Pork, Inc., a Nebraska corporation, and Brad Feuerhelm, Third-Party Plaintiffs, Appellants, v. James S. BAILEY, individually and as trustee of the Mabel T. Erickson Irrevocable Trust, Gary Duncan, Hayden Thompson, and Alex Leslie, Third-Party Defendants, Appellees, and Sharon E. Feuerhelm, Intervenor-Appellant.

Supreme Court of Nebraska.

June 11, 1982.

Attorney(s) appearing for the Case

Lyle E. Strom and T. Geoffrey Lieben of Fitzgerald, Brown, Leahy, Strom, Schorr & Barmettler, Omaha, for third-party plaintiffs, appellants Duane Feuerhelm, F.H.T., Hastings Pork, and Brad Feuerhelm.

Jay S. Horowitz and Gregory D. Schetina of Durham & Horowitz, Denver, Colo., and Gerald T. Whelan of Whelan, Foote & Scherr, P. C., Hastings, for appellees F.H.T., Erickson Trust, Bailey, Duncan, Thompson & Leslie.

M. J. Bruckner and W. Scott Davis of Marti, Dalton, Bruckner, O'Gara & Keating, Lincoln, for intervenor-appellant Sharon Feuerhelm.

Heard before KRIVOSHA, C. J., and BOSLAUGH, McCOWN, CLINTON, WHITE and CAPORALE, JJ.

PER CURIAM.

This action represents the competing claims by two groups of stockholders for control of F.H.T., Inc. (FHT), a closely held corporation formed in this state on October 17, 1968. The appeal results from the judgment of the District Court of Nebraska, Tenth Judicial District, in and for Adams County, enforcing a buy-out provision and holding that the intervenor is not a proper party to this action. We affirm in part and remand for further proceedings.

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