Timber Co. Exec's Family Feud Over Accounting Costs Nixed

Law360, New York (May 31, 2013, 6:09 PM EDT) -- The ousted director of a family-run timber business lost her bid Thursday to hold her two brothers liable for alleged self-dealing tied to their use of corporate accounting services, after a Delaware judge ruled that she could not prove the brothers were disloyal to company shareholders.

Vice Chancellor John W. Noble entered judgment in favor of Missouri-based Dardanelle Timber Co. Inc. and two of its directors, Perry H. Sutherland and Todd L. Sutherland, in a long-running derivative suit brought by their sister Martha S. Sutherland, a...
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