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MEISELMAN v. MEISELMAN

No. 594A82.

307 S.E.2d 551 (1983)

309 N.C. 279

Michael H. MEISELMAN v. Ira S. MEISELMAN, Lawrence A. Poston, Paul Edward Lloyd, Eastern Federal Corporation, Radio City Building, Inc., Center Theatre Building, Inc., Colony Shopping Center, Inc., General Shopping Centers, Inc., M & S Shopping Centers of Florida, Inc., Martha Washington Homes, Inc., and Try-Wilk Realty Company, Inc.

Supreme Court of North Carolina.

September 27, 1983.

Attorney(s) appearing for the Case

Fleming, Robinson, Bradshaw & Hinson, P.A. by Russell M. Robinson, II, Charlotte, for plaintiff-appellee.

Blakeney, Alexander & Machen by J.W. Alexander, Jr., Charlotte, for individual defendants.

Farris, Mallard & Underwood, P.A. by Ray S. Farris and David B. Hamilton, Charlotte, for corporate defendants.

FRYE, Justice.

In this appeal, we must determine whether Michael Meiselman, a minority shareholder with a substantial percentage of the outstanding stock in a group of familyowned close corporations, is entitled to relief under N.C.G.S. § 55-125(a)(4) and N.C. G.S. § 55-125.1, the statutes granting trial courts the authority to order dissolution or another more appropriate remedy when "reasonably necessary" for...

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