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BOCK v. SLATER

Nos. 107,562, 107,566. Released for Publication by Order of the Court of Civil Appeals of Oklahoma, Division No. 4.

241 P.3d 668 (2010)

2010 OK CIV APP 90

J. Lynn BOCK, et al., Plaintiffs/Appellees, v. Robert E. SLATER, Jr., et al., Defendants/Appellants, and Woodward Hotel Corporation, An Oklahoma Corporation d/b/a Northwest Inn of Woodward, Oklahoma, et al., Nominal Defendants/Appellants, and Charlotteville Hotel Corporation, an Oklahoma Corporation, et al., Nominal Defendants.

Court of Civil Appeals of Oklahoma, Division No. 4.

Rehearing Denied June 25, 2010.

Certiorari Withdrawn September 20, 2010.

Attorney(s) appearing for the Case

Debra McCormick , Eugene K. Bertman , Rubenstein, McCormick & Pitts, Edmond, OK, Patricia A. Kirch , Oklahoma City, OK, for Plaintiffs/Appellees.

Mack J. Morgan, III , Harvey D. Ellis , Charles B. Goodwin , Crowe & Dunlevy, Oklahoma City, OK, for Defendants/Appellants.

Warren F. Bickford , John B. Heatly , Fellers, Snider, Blankenship, Bailey & Tippens, P.C., Oklahoma City, OK, for Nominal Defendants/Appellants.

DOUG GABBARD II, Presiding Judge.

¶ 1 This is one in a series of appeals stemming from a shareholders' derivative action. This appeal concerns the trial court's denial of a motion to cancel notices of lis pendens. We affirm in part, reverse in part, and remand with directions.

BACKGROUND

¶ 2 Plaintiffs are investors in a plan to purchase and renovate "distressed" hotels across the country. Defendants are Robert Slater, the creator and organizer...

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