Griffin Management Corp. v. Carolina Power and Light Co., November 13, 2009 (Jolly)(unpublished)
A shareholder who guarantees the debt of a corporation does not have an injury "separate and distinct" from the injury sustained by the corporation itself. The shareholder did not standing to pursue damages for the breach of a contract with the corporation. A shareholder "cannot assert claims against a third party for loss of its equity investment in a corporation."
