Thomas A. Buckley individually and derivatively on behalf of TLC of Franklin, Inc. v. Grover C. Carlock, Jr.

Syllabus

A minority shareholder in a close corporation brought a shareholder oppression claim. The trial court heard the claim in two phases. After the first phase, the trial court found that there was shareholder oppression by the majority shareholder and determined that redemption of the minority shareholder's shares was the appropriate remedy. After the second, the court found the fair value of the minority shareholder's shares. The court later awarded attorney's fees to the minority shareholder, but it failed to award fees associated with the second phase of trial. The court also denied the minority shareholder's request for prejudgment interest and dismissed an unjust enrichment claim. On appeal, the minority shareholder takes issue with the court's fair-value determination. He also claims that he was entitled to prejudgment interest, as well as attorney's fees for both phases of trial. And he argues that the court erred in dismissing his unjust enrichment claim. We affirm.