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HOLMES v. WOLF

Nos. S-13321, S-13341.

243 P.3d 584 (2010)

Joann HOLMES and Mitch Gregoroff, Appellants and Cross-Appellees, v. Kane WOLF, Carole Pagano, and Frank Grant, Appellees and Cross-Appellants.

Supreme Court of Alaska.

December 10, 2010.

Attorney(s) appearing for the Case

Michael J. Walleri , Law Offices of Michael J. Walleri, Fairbanks, for Appellants/Cross-Appellees.

David D. Clark , Law Office of David Clark, Anchorage, for Appellees/Cross-Appellants.

Before: FABE, WINFREE, CHRISTEN, and STOWERS, Justices.

OPINION

FABE, Justice.

I. INTRODUCTION

Joann Holmes and Mitch Gregoroff appeal decisions by the superior court in connection with a shareholders' lawsuit against two current members and one former member of the Board of Directors of Leisnoi, Inc. ("Leisnoi") for failure to hold annual shareholder meetings, failure to prepare and distribute annual shareholder reports, failure to obtain and send out annual audited financial reports, and failure...

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