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LEES INNS OF AM., INC. v. WILLIAM LEE IRREVOCABLE TRUST

No. 40A01-0901-CV-47.

924 N.E.2d 143 (2010)

LEES INNS OF AMERICA, INC., Appellant-Plaintiff, v. WILLIAM R. LEE IRREVOCABLE TRUST, and Donald Eugene Lee and Robert Earl Lee, as Co-Trustees of the William R. Lee Irrevocable Trust, Appellees-Defendants.

Court of Appeals of Indiana.

March 15, 2010.

Attorney(s) appearing for the Case

Jon Laramore, Trina K. Taylor, Baker & Daniels, Indianapolis, IN, Attorneys for Appellant.

David E. Wright, William Bock, III, Kroger, Gardis & Regas, LLP, Indianapolis, IN, Attorneys for Appellees.

Opinion

BAKER, Chief Judge.

This eight-year-long litigation involving an Indiana-based hotel chain that was commenced under the Dissenter's Rights Statute1 has resulted in a judgment in excess of $7.5 million in favor of the minority shareholders in the corporation. Appellant-plaintiff Lees Inns of America, Inc. (Lees Inns), appeals the trial court's judgment in favor of appellees-defendants William R. Lee Irrevocable Trust,...

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