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CHRISTIANSEN v. ROLICH CORP.

909 S.W.2d 823 (1995)

Eric D. CHRISTIANSEN, Administrator C.T.A. of the Estate of Mary T. Austin, Deceased (Originally Elizabeth T. Austin, Executrix of the Estate of Mary T. Austin, Deceased), Plaintiff-Appellant, v. ROLICH CORPORATION, et al., Defendants-Appellees.

Court of Appeals of Tennessee, Eastern Section.

Permission to Appeal Denied October 30, 1995.

Attorney(s) appearing for the Case

Craig V. Gabbert, Jr. and John F. Blackwood, Harwell, Howard, Hyne, Gabbert & Manner, P.C., Nashville, for Plaintiff-Appellant.

John A. Walker, Jr., Walker & Walker, Bernard E. Bernstein and James E. Paris, Bernstein, Stair & McAdams, Knoxville, Frank A. Johnstone, Wilson & Worley, Kingsport, and Kenneth Clark Hood, Rogers, Laughlin, Nunnally, Hood & Crum, Greeneville, for Defendants-Appellees.

Permission to Appeal Denied by Supreme Court October 30, 1995.

OPINION

FRANKS, Judge.

Elizabeth T. Austin ("Lisa") appeals the dismissal of her shareholder derivative action on behalf of her deceased mother's estate.

Lisa is one of three children of Mary T. and Robert C. Austin, Sr., the other children being Christy and Robert, Jr. At all times relevant to this suit the children owned stock in a closely held family corporation, Rolich...

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