DBSH Attorneys Chad Swanson and Nate Schroeder Successful on Appeal

posted on 7/27/2016 by Nate Schroeder in Press Releases

On July 27, 2016, the Iowa Court of Appeals issued a decision affirming district court ruling in favor of the plaintiff, who was represented by DBSH attorneys Chad Swanson and Nate Schroeder. The plaintiff, as a shareholder of a family farm corporation, brought a derivative action on behalf of the corporation under Iowa Code section 490 seeking to collect unpaid loans and rent from the defendant. The district court found defendant owed $462,581.70 to the corporation for unpaid loans and rent. In addition, the district court awarded the plaintiff $90,000 in attorney fees.  The Iowa Court of Appeals affirmed the district court ruling, holding the plaintiff properly brought the derivative action as a shareholder of the corporation and affirming that an award of attorney fees was proper in shareholder derivative actions.

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  1. chad swanson
  2. dbsh general
  3. nathan j schroeder
About The Author

Nate Schroeder practices in civil litigation and is a partner at Daniels, Hines, Kalkhoff, Cook & Swanson. His practice focuses on cases involving probate litigation (will contests), personal injury (car accidents), and professional negligence. Nate received his undergraduate degree from University of Iowa and law degree from the Drake University and has been with the firm since 2013.