United States Fifth Circuit

In a breach of fiduciary duty action, the dismissal of Plaintiff's complaint is affirmed, where the complaint failed to allege injury to the corporation at issue, instead doing so only on behalf of its creditors.

Appellate Information

• Decided 02/25/2009
• Published 02/25/2009

Judges

• KING, Circuit Judge:, Before KING, DENNIS and ELROD, Circuit Judges.

Court

• United States Fifth Circuit

Counsel

• For Appellant:
  
• Alan H. Goodman, (argued), William R. Forrester, Jr. (argued), Lemle & Kelleher, LLP, New Orleans, LA, for Torch Liquidating Trust., Harry A. Rosenberg (argued), David L. Patron, Christopher Kent Ralston, Phelps Dunbar, New Orleans, LA, for Lyle Stockstill, Lana Stockstill, Michel, Shopf, Wallace, Lemons, Fulton., Robert Joseph Burns, Jr., Perry, Atkinson, Balhoff, Mengis & Burns, Baton Rouge, LA, for XL Specialty Ins. Co.