Opinion ID: 1218284
Heading Depth: 2
Heading Rank: 3

Heading: Executors of the Estate of Mountaintop's Sole Shareholder

Text: The circuit court correctly ruled that the suit against the executors of the estate of Mountaintop's sole shareholder, in their representative capacities, is barred by West Virginia Code § 44-2-26, since suit was not brought until after the estate had been settled and the executors discharged. However, the true nature of the action against the executors was a personal one, which alleged fraud and deceit and civil conspiracy by the executors in voting to ratify Mountaintop's dissolution plan. [16] Nevertheless, as to the executors, the cause of action based on fraud and deceit is barred by the two-year limitation period of West Virginia Code §§ 55-2-12(a) and 55-7-8a(a), as explained in Snodgrass v. Sisson's Mobile Home Sales, Inc., 161 W.Va. 588, 593-94, 244 S.E.2d 321, 324-25 (1978). The only act alleged to have been undertaken by the executors in connection with Mountaintop's dissolution, voting the shares held by them in ratifying Mountaintop's dissolution plan, [17] occurred more than two years before suit was filed by ALPOA.