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COURTNEY v. WARING

Docket No. D004033.

191 Cal.App.3d 1434 (1987)

237 Cal. Rptr. 233

THOMAS L. COURTNEY et al., Plaintiffs and Appellants, v. JAMES T. WARING et al., Defendants and Respondents. DARRELL G. MUSICK et al., Plaintiffs and Appellants, v. JAMES T. WARING et al., Defendants and Respondents. LELAND NYMAN, Plaintiff and Appellant, v. JAMES T. WARING et al., Defendants and Respondents. REZA TEHRANI et al., Plaintiffs and Appellants, v. JAMES T. WARING et al., Defendants and Respondents.

Court of Appeals of California, Fourth District, Division One.

May 18, 1987.

Attorney(s) appearing for the Case

COUNSEL

Robert M. Brown, Michael K. Brown and Brown & Finney for Plaintiffs and Appellants.

Donald Merkin, Merkin & Hemme, Terrence L. Bingman, Anne Graff Brown and Adams, Duque & Hazeltine for Defendants and Respondents.

OPINION

WIENER, J.

This case involves the misfortunes of a company known as Tools-R-Us (TRU), which at one time franchised a number of retail hardware stores. Plaintiffs are a group of TRU franchisees who suffered financial losses when the company declared bankruptcy in 1980. This appeal concerns their attempts to hold certain corporate insiders and attorneys liable for the damages they incurred.

FACTUAL AND PROCEDURAL BACKGROUND...

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