Lawrence Nelson Et Al. v. Irving Miller - Third District. District Court of Appeal of Florida

Lawrence Nelson Et Al. v. Irving Miller

By Third District. District Court of Appeal of Florida

  • Release Date: 1968-07-02
  • Genre: Law

Description

This is an appeal by the plaintiff below from an order of the trial court dismissing his third amended complaint with prejudice. The sole question for determination is whether former stockholders of a Florida corporation, which has been dissolved four years previously for nonpayment of corporate stock tax, may maintain a stockholders derivative action to recover lost assets of the corporation. We agree with the trial court that they may not, and accordingly, affirm.

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