CENAC TOWING CO. v. CENAC

Nos. 82 CM 0077, 82 CW 0081 and 82 CA 0083.

413 So.2d 1351 (1982)

CENAC TOWING CO., et al. v. Arlen B. CENAC, et al. (3 Cases).

Court of Appeal of Louisiana, First Circuit.

Rehearing Denied May 25, 1982.


Attorney(s) appearing for the Case

Thomas C. Keller, Roy C. Cheatwood, Robert B. Bieck, Jr., Gary E. Meringer, New Orleans, for plaintiffs and appellants.

Stanwood R. Duval, Jr., Houma, for defendants and appellees.

Before ELLIS, PONDER and SAVOIE, JJ.


SAVOIE, Judge.

This suit arises from a dispute among family members over control of a family corporation. The principle shareholders are: Clark Cenac, who is the President of Cenac Towing Co., Inc.; Arlen Cenac, who is Clark's brother; and Eugenie Cenac, who is their mother.

Allegedly, Arlen has tried to wrest control from his brother by persuading their mother to irrevocably donate her stock to a trust of which the two brothers are the equal beneficiaries...

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