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McREDMOND v. ESTATE OF MARIANELLI

46 S.W.3d 730 (2000)

Patrick J. McREDMOND, Jr., et al. v. ESTATE OF Andrew MARIANELLI, et al.

Court of Appeals of Tennessee, Middle Section, at Nashville.

Order Denying Rehearing August 31, 2000.

Permission to Appeal Denied April 16, 2001.

Attorney(s) appearing for the Case

G. Thomas Nebel, John I. Harris, III, Jeffrey T. Loy and Kenneth R. Jones, Jr., Nashville, TN, for appellants, Patrick J. McRedmond, Jr. and Monica McRedmond Terry.

Cyrus L. Booker and Charlnette A. Richard, Nashville, TN, for appellees, Estate of Andrew Marianelli, Walter Marianelli, David Manning, Edwin S. Pyle and Gordon Ferragina.

John P. Branham and Kathryn E. Barnett, Nashville, TN, for appellee Milano Corporation.

Permission to Appeal Denied by Supreme Court April 16, 2001.

OPINION

CANTRELL, P.J., M.S., delivered the opinion of the court, in which KOCH and CAIN, JJ., joined.

Minority shareholders in a Kentucky apparel manufacturing company brought this suit in the name of the corporation. The plaintiffs claimed an agreement approved by the Board of Directors siphoned off a significant portion of the corporation's...

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