Mercure, J.
At all times relevant to this appeal, Lawrence Group, Inc. (hereinafter LGI) was a holding company for various insurance agency and underwriting components. Plaintiff, an Arizona insurance company, was a wholly owned subsidiary of United Republic Insurance Company, which was principally owned by Lawrence Insurance Group, Inc., 93% of which was owned by LGI. Barbara Lawrence (hereinafter Lawrence) had been a 50% shareholder in LGI but divested herself of...
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