Derivative Suit – Validity of Claim

By: Derek Hawkins//February 15, 2022//

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WI Court of Appeals – District II

Case Name: Estate of Stephen O’Bryan, et al., v. David L. O’Bryan

Case No.: 2020AP997

Officials: Gundrum, P.J., Neubauer and Reilly, JJ.

Focus: Derivative Suit – Validity of Claim

The Estate of Stephen O’Bryan, Brendan Tim O’Bryan, Joan O’Bryan Herriott, and the remaining plaintiffs appellants named in the caption above appeal from an order of the circuit court dismissing their derivative action against Lakewood Farms, Inc. (LFI) and against David L. O’Bryan, Thomas O’Bryan, and various other O’Bryan family members, all on LFI’s board of directors. After a three-day trial to the court and extensive posttrial briefing and other submissions, the court issued a written decision and order dismissing the action in its entirety. We affirm.

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Derek A Hawkins is Corporate Counsel, at Salesforce.

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