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FILED

May v. R.A. Yancey Lumber Corporation

FILED status graphic: May v. R.A. Yancey Lumber Corporation. 171708 May v. R.A. Yancey Lumber Corporation 01/10/2019 In a declaratory and injunctive action by a director and minority shareholder of a corporation, the circuit court erred in sustaining a special plea in bar and entering judgment in favor of the corporation based on an erroneous interpretation of Code § 13.1-724. The plaintiff gave repeated notice to the corporation of her opposition to a planned sale of a significant part of the business, and it could have sought a declaratory judgment con…
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