SOUND INFINITI, INC. v. SNYDER

Nos. 59477-0-I, 59571-7-I.

186 P.3d 1107 (2008)

SOUND INFINITI, INC., d/b/a Infiniti of Kirkland, a Washington corporation; ex rel Afshin Pisheyar, a shareholder thereof; Infiniti of Tacoma at Fife, Inc., a Washington corporation, ex rel Afshin Pisheyar, a shareholder thereof; S & I of WA L.L.C., a Washington limited liability company, ex rel Afshin Pisheyar, a member thereof; RDA Properties, LLC, a Washington limited liability company, ex rel Afshin Pisheyar, a member thereof; and Afshin Pisheyar, an unmarried individual, Petitioners, v. Richard M. SNYDER and Jeanne C. Snyder, husband and wife, and their marital community; and David Hannah and Martha M. Hannah, husband and wife, and their marital community, Respondents, Richard M. Snyder as Trustee of the Snyder Children's Irrevocable Trust for the Benefit of Zachary Snyder and the Snyder Children's Irrevocable Trust for the Benefit of Travis Snyder. Defendant.

Court of Appeals of Washington, Division 1.

June 23, 2008.


Attorney(s) appearing for the Case

Daniel Montopoli, James A. Krueger, Lucy R. Clifthorne, Vanderberg Johnson & Gandara, Tacoma, WA, for Appellants.

William C. Rava, Boyd Buckingham, Joseph E. Bringman, Perkins Coie, Seattle, WA, for Respondents.


DWYER, A.C.J.

¶ 1 Richard Snyder and David Hannah, the majority shareholders of two closely held corporations, Sound Infiniti, Inc., and Infiniti of Tacoma at Fife, Inc. (Infiniti of Tacoma), used reverse stock splits to eliminate Afshin Pisheyar's minority interest in those corporations. In this discretionary review proceeding, we are asked to decide whether the statutory appraisal procedure set forth in chapter 23B.13 RCW, which entitles Pisheyar to receive...

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