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WATSON v. TRUSTEES OF CONNEAUT LAKE PARK

795 A.2d 1068 (2002)

Thomas Dana WATSON, Esquire, as The Incorporator and Original and Current Trustee/Director, v. TRUSTEES OF CONNEAUT LAKE PARK, INC., Victor Leap, William Gregg, Anthony Petruso, Ben Miceli, Bob Ross, v. Asset Management, Appellant.

Commonwealth Court of Pennsylvania.

Decided March 19, 2002.

Reargument Denied May 8, 2002.

Attorney(s) appearing for the Case

Robert C. LeSuer, Erie, for appellant.

Robert Gay Guthrie, Meadville, for appellees.

Before FRIEDMAN, J., LEADBETTER, J., and FLAHERTY, Senior Judge.

OPINION BY Judge LEADBETTER.

In this struggle for control of a nonprofit corporation, appellant Asset Management raises two issues for our consideration. First, Asset Management asserts that the trial court abused its discretion by replacing the corporation's custodian. Second, Asset Management asserts that the trial court abused its discretion by failing to adequately protect its financial interests. Because the trial court did not abuse its discretion on either...

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