IVY v. CALAIS COMPANY, INC.

Supreme Court No. S-15967.

397 P.3d 267 (2017)

Deborah Kyzer IVY, Individually and as a Derivative Plaintiff on behalf of the interests of Calais Company, Inc., and its Shareholders, Appellant, v. CALAIS COMPANY, INC., C.R. "Kelly" Foss, Individually, and as a Shareholder and Former President and Board Member of Calais Company, Inc., Judy Foss, Individually and as President and Board Member and Shareholder of Calais Company, Inc., The C.R. Foss Living Trust, McMac Family, LLP, The Rodney L. Johnston Trust, Brian W. Durrell, Individually, and Durrell Law Group, PC, Wells Fargo Alaska Trust Company, NA, John Mcmanamin, as a Shareholder and Officer, and Former Officer and Board Member and General Manager of Calais Company, Inc. (but not individually), Matthew Sweeney, Individually and as Putative Director of Calais Company, Inc., Michael Peterson, as a Board Member and Shareholder of Calais Company, Inc. (but not individually), and Jane/John Doe(s) I to XX Conspirators, Appellees.

Supreme Court of Alaska.

June 2, 2017.


Attorney(s) appearing for the Case

Phillip Paul Weidner and Lisa Rosano , Phillip Paul Weidner & Associates, APC, Anchorage, and Charles E. Cole , Law Offices of Charles E. Cole, Fairbanks, for Appellant.

Jeffrey M. Feldman , Summit Law Group, Seattle, Washington, and Susan Orlansky , Reeves Amodio LLC, Anchorage, for Appellees, Calais Company, Inc., J. Foss, The C.R. Foss Living Trust, McMac Family, LLP, J. McManamin, M. Sweeney, and M. Peterson.

Notice of nonparticipation filed by Patrick B. Gilmore , Atkinson, Conway & Gagnon, Anchorage, for Appellees, B. Durrell and Durrell Law Group, PC.

Notice of nonparticipation filed by Gary A. Zipkin and Michael S. McLaughlin , Guess & Rudd P.C., Anchorage, for Appellee, Wells Fargo Alaska Trust Co., N.A.

No appearance by Appellee Rodney L. Johnston Trust.

Before: Stowers, Chief Justice, Winfree, Bolger, and Carney, Justices. [Maassen, Justice, not participating.]


OPINION

I. INTRODUCTION

Deborah Ivy is a shareholder in Calais Company, Inc., a closely held corporation. Ivy sued Calais in 2007 seeking dissolution of the company. The parties settled, and Calais agreed to buy out Ivy's shares of the company based on a valuation of Calais conducted by a three-member appraisal...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases