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HORA v. HORA

No. 22-0259.

BRIAN HORA and GREGG HORA, Individually and on Behalf of HORA FARMS, INC., and PRECISION PARTNERS, CORP., Appellants, v. KEITH HORA and KURT HORA, Individually and in Their Capacity as Shareholders, Directors, Officers, Managers, and Employees of HORA FARMS, INC., HEATHER HORA, and HK FARMS, INC., Appellees.

Supreme Court of Iowa.

Filed April 19, 2024.

Attorney(s) appearing for the Case

John F. Lorentzen (argued) of Nyemaster Goode, PC, Des Moines, and Sarah J. Gayer of Nyemaster Goode, PC, Cedar Rapids, for appellants.

Abram V. Carls (argued) and Stephen J. Holtman of Simmons Perrine Moyer Bergman PLC, Cedar Rapids, for appellee Keith Hora.

Joseph W. Younker (argued) and Matthew G. Barnd of Bradley & Riley PC, Iowa City, for appellees Kurt Hora, Heather Hora, and HK Farms, Inc.

Oxley, J., delivered the opinion of the court, in which all justices joined.

Family farms are as Iowan as baseball is American. Passing family farms on to the next generation takes planning, and structuring a farm into a corpora-tion with shares that can be gifted and passed down is a common method of doing so. But with incorporation comes corporate responsibilities to sharehold-ers. This appeal involves...

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