CLAIRE V. RUE DE PARIS, INC.
236 S.E.2d 272 (1977)
NATURE OF THE CASE: This was an action for the dissolution of two corporations based on
fraud, and waste.
FACTS: P filed two petitions against two corporations alleging that he was a 331/3% owner
in each and that the acts of those in charge of the corporations were illegal, or fraudulent
and that he will suffer irreparable injury unless a dissolution was ordered. P alleged that
corporate assets were being misapplied or wasted. P asked for an injunction to stop the
officers and directors from disposing of corporate assets. P alleged that the places of
business sold alcoholic beverages on Sunday and sold watered down drinks. P also alleged
that the principles, including P, took money out of the business each week without a proper
accounting.
ISSUE:
RULE OF LAW:
HOLDING AND DECISION:
LEGAL ANALYSIS:
Get
free access to the entire content for Mac, PC or Online
for 2-3 days and free samples
of all kinds of products.
for 2-3 days and free samples of all kinds of products.
https://bsmsphd.com
© 2007-2016 Abn Study Partner
No comments:
Post a Comment