SHOBE v. EPI CORP.

Nos. 91-SC-017-MR, 91-SC-028-MR and 90-CA-2050.

815 S.W.2d 395 (1991)

Honorable Benjamin F. SHOBE, Jefferson Circuit Court, Ronald E. Falls, Robert C. Gray, Jr., Kenneth H. Jones, Jr., Clifford A. Knopf, Sr., Henry B. Mann, Dennis M. O'Connor, Dorothy D. Porter, Robert D. Porter, and William F. Wilding, American Brake Centers, Inc., Albert L. Austin, Gale Ann Barnicott, Martin H. Bass, Stuart A. Bass, Edward Capitani, Jr., Chenault M. Conway, Russell F. Davidson, James J. Eisenmenger, Jacquelyn L. Eisenmenger, Madeline E. Gebhart, Thomas D. Gebhart, Jr., Ronald G. Goebel, Margaret O. Goebel, Gregory R. Heilman, Richard A. Hermanson, Sharon Hermanson, A.L. Hinkle, Corinne R. Hinman, Ann P. Hite, Marigene Hite, Charles Thomas Huckelbery, Neil B. Jesse, Terry G. Jones, Anthony Luciano, Larry J. Lynn, Karl J. Maggard, Anne Maggard, Leona G. Mann, Colleen Murphy, George Nix, Agnes Nix, Charles E. Norman, Jr., Veronica T. Norman, Janice K. O'Connor, James E. Ritter, M. Marie Ritter, Dorothy F. Schuler, Paul W. Settles, Betsy H. Settles, Donald R. Shingler, Gloria E. Shingler, Raymond W. Skaggs, Frederick W. Snyder, Jr., Marilyn A. Snyder, Marianne Phillips Sublett, Charles J. Thacker, Catherine Thacker, Charles J. Thacker, Jr., Mary Lou Weixler, Rose Marie Whitmer, Eileen Wiedmar, Evelyn T. Wilding, Sedonia Leep Williams, Richard L. Wilson, Diane Marie Wilson, Herman Robert Wyssbrod, and Kay Davis Wyssbrod, Appellants/Cross-Appellees/Real Parties In Interest, v. EPI CORPORATION, Max A. Baumgardner, Grace W. Biddle, James E. Buchart, J. Ben Cress, Robert H. Loeffler, Henry A. Schumpf and John P. Snyder, Appellees/Cross-Appellants.

Supreme Court of Kentucky.

Rehearing Denied October 24, 1991.


Attorney(s) appearing for the Case

Benjamin F. Shobe, Louisville, for appellant.

Greenebaum, Doll & McDonald, James E. Milliman, William E. McAnulty, Jr., Holland N. McTyeire, V, Louisville, for appellants/cross-appellees.

Brown, Todd & Heyburn, John R. McCall, Stephen R. Schmidt, Thomas M. Quinn, Louisville, for appellees/cross-appellants.


SPAIN, Justice.

Appellants and real parties in interest (minority shareholders) appeal as a matter of right a November 28, 1990, Order of the Court of Appeals which unanimously granted the appellees' petition for writ of prohibition. We reverse.

EPI is a Kentucky corporation in the business of owning and operating long-term health care facilities. On December 30, 1985, EPI consummated a "going private" merger with TAI Corporation. The effect of the merger...

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