Wong

BACKGROUND

This litigation concerns the election of officers and directors of two related corporations, the Wong Family Investment Fund, Inc. (fund) and the Wong Family Benevolent Association, Inc., of Los Angeles (association). The association is a nonprofit mutual benefit association that owns the real properties that are managed by its wholly owned subsidiary, the fund. The association has several hundred members or shareholders who are the male descendants of the Wong family. Each year, the association’s governing council selects the members who will run for office. At the association’s annual meeting in December, the members elect the association’s officers and the fund’s directors for the following year. In 2010, the association’s members were “factionalized” and embroiled in several lawsuits over control of the association. The disagreement arose in May 2010 when, according to one faction, the association’s president Nam San Wong violated the bylaws by disbanding the association’s governing council and installing a new council (the revised 2010 council) without the approval or vote of the shareholders. When the revised 2010 council selected the candidates for the annual…