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MONROE ON BEHALF OF MEPCO v. MONROE

Record No. 211071.

889 S.E.2d 646 (2023)

Joseph MONROE, Derivatively ON BEHALF OF MEPCO MATERIALS, INC., v. Lisa Way MONROE, et al.

Supreme Court of Virginia.

July 20, 2023.

Attorney(s) appearing for the Case

John S. Koehler (The Law Office of James Steele, on briefs), for appellant.

David D. Armistead III (Carluzzo Rochkind & Smith, on brief), Manassas, for appellees.

PRESENT: All the Justices.

In 2018, Joseph Monroe filed a shareholder-derivative suit against his wife, Lisa Monroe, the majority shareholder of a closely held corporation. The trial court rejected the derivative claim and sanctioned Joseph Monroe for pursuing it. On appeal, we vacate the sanctions order, finding that it violated Rule...

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