Blank v. Bluemile, Inc.

Citations

• 174 N.E.3d 859
• 2021 Ohio 2002

Syllabus

Trial court did not err in concluding appellant, a minority shareholder in a limited liability company, did not have standing to prosecute a direct action for unjust enrichment against the majority shareholders, appellees. Because the minority shareholder did not allege that the majority shareholders breached a fiduciary duty owed to him, the exception to the general rule of standing applicable to minority shareholders in a close corporation did not apply to him. Trial court did not err by granting summary judgment to appellees on appellant's unjust enrichment claim because the evidence did not create an issue of fact whether appellant complied with the six-year statutory limitations period. Judgment affirmed.