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DAY v. MCC ACQUISITION, LC

Record No. 190603.

848 S.E.2d 800 (2020)

Dorothy P. DAY, Shareholder of M.C. Construction, Inc., Dissolved v. MCC ACQUISITION, LC, d/b/a Virginia-Carolina Paving Co.

Supreme Court of Virginia.

October 15, 2020.

Attorney(s) appearing for the Case

Luis A. Abreu , for appellant.

Robert W. Loftin ( J. Tracy Walker, IV ; McGuireWoods, on brief), Richmond, for appellee.

PRESENT: Lemons, C.J., Goodwyn, Powell, Kelsey, McCullough, and Chafin, JJ., and Millette, S.J.

The Treasurer of the Commonwealth of Virginia filed an interpleader action seeking a judicial resolution of two disputed claims of ownership of proceeds from the sale of unclaimed corporate stock. The circuit court held that the buyer of the original stock, not the seller, had a superior equitable claim of ownership...

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