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LANE v. LAMPKIN

No. 2013-CA-00554-COA.

176 So.3d 62 (2014)

Ernest LANE, III, and Trustmark National Bank, Co-Executors of the Estate of James Oldrum Smith, Jr., Appellants v. Ronald D. LAMPKIN, Appellee.

Court of Appeals of Mississippi.

Rehearing Denied January 13, 2015.

Attorney(s) appearing for the Case

Harris H. Barnes III , Flowood, J. Williams Janoush , attorneys for appellants.

David W. Mockbee , Jackson, Landman Teller Jr. , Vicksburg, David Wesley Mockbee , Jackson, Coleman McCann Mockbee , attorneys for appellee.

Before LEE, C.J., CARLTON and MAXWELL, JJ.

¶ 1. This case addresses the valuation of a corporation and the related award of damages when one of the corporation's two shareholders dies and the remaining shareholder begins a new corporation to operate the same rock-supply business. In the present case, Limestone Products Incorporated had only two shareholders...

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