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IN RE REINSTATEMENT OF VENTURE ASSOCIATES

No. 2004 CA 0439.

906 So.2d 498 (2005)

In re REINSTATEMENT OF VENTURE ASSOCIATES, INC. OF LOUISIANA.

Court of Appeal of Louisiana, First Circuit.

February 11, 2005.

Attorney(s) appearing for the Case

James H. Morgan, III, Baton Rouge, for Defendants-Appellants, Broussard, Bush, Blumberg & Hurst (Doroco, Inc.) and Don Broussard.

Robert E. Torian, Lafayette, for Defendants-Appellants, Gulfland Insurance Services, Inc. and Doug Tracy.

Gary J. Russo, Ian A. MacDonald, Frank S. Slavich, III, Lafayette, for Plaintiff-Appellee, Venture Associates, Inc. of Louisiana.

Robert W. Fenet, Edward P. Sutherland, Baton Rouge, for Intervenors-Appellees, Nichols, Pointing & Coulson.

Before: CARTER, C.J., PETTIGREW, and McDONALD, JJ.

CARTER, C.J.

The issue on appeal is whether the shareholders of a corporation dissolved by affidavit pursuant to LSA-R.S. 12:142.1 may have the corporate status retroactively reinstated for the sole purpose of maintaining a lawsuit that was filed by the corporation before the dissolution.

FACTUAL AND PROCEDURAL HISTORY1

Venture Associates, Inc. of Louisiana (Venture) was incorporated in St. Mary Parish,...

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