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SINATRA EX REL. NITE LIFE, INC. v. EDIN

No. 99-CA-1515.

774 So.2d 191 (2000)

Joseph SINATRA, for the Benefit of NITE LIFE, INC. v. Gaetana EDIN and Nite-Life, Inc.

Court of Appeal of Louisiana, Fourth Circuit.

August 2, 2000.

Attorney(s) appearing for the Case

Jack A. Ricci, Gary J. Giepert, Ricci & Giepert, New Orleans, Louisiana, Counsel for Plaintiffs/Appellants.

Lou Anne Milliman, Scott C. Barney, Corinne Ann Morrison, Chaffe, McCall, Phillips, Toler & Sarpy, L.L.P., New Orleans, Louisiana, Counsel for Defendants/Appellees.

Court composed of Judge JOAN BERNARD ARMSTRONG, Judge STEVEN R. PLOTKIN and Judge CHARLES R. JONES.

ARMSTRONG, Judge.

In this case, the appellant, who was a 50% shareholder of a now-dissolved corporation, seeks distribution to him of one-half of a lease deposit which, he contends, belonged to the corporation. The trial court found, after a full trial on the merits, that the lease deposit did belong to the corporation because certain statutorily-prescribed corporate formalities which were necessary to transfer the lease (including the right to the deposit) had not...

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