place of business of the parties; and (4) the place where the relationship between the parties is centered. Applying these factors to this case, the court will apply the law of Tennessee and Mississippi to the trustee’s veil piercing claims. First South and Green- leaf were incorporated in those states. The debtor’s notes were sold primarily in those states, and the unpaid investors generally reside in those states. Furthermore, Section 307 of the Restatement governs shareholder’s liability and specifically provides that “[t]he local law of the state of incorporation will be applied to determine the existence and extent of a shareholder’s liability to the corporation for assessments or contributions and to its creditors for corporate debts.” See also Realmark Inv. Co., 171 B.R. at 695 (<HOLDING>). In Tennessee, a legal presumption exists that
holding that the viability of the derivative action is determined by law of illinois the state of incorporation holding an administrative rule referred to in the contract became part of the contract under the doctrine of incorporation holding that the county board of commissioners does not have the power to intervene in the incorporation of a village if the citizens wishing to incorporate have complied with all the laws related to the incorporation holding that state governmentalimmunity law applies holding that the law of the state of incorporation applies