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BIBO v. JEFFREY'S RESTAURANT

No. S-2266.

770 P.2d 290 (1989)

George E. BIBO, Appellant, v. JEFFREY'S RESTAURANT, a partnership consisting of August Johnson, Marsha L. Johnson, James Lundgren, Arthur L. Martinez, Lincoln Corporation, an Alaskan corporation, Taku Development Co., Inc., an Alaskan corporation, Alaska Pacific Properties, Inc., an Alaskan corporation, August Johnson, Martha L. Johnson, James Lundgren, Arthur L. Martinez, Karen Meadows, and Miriam Johnson, Appellees.

Supreme Court of Alaska.

February 10, 1989.

Attorney(s) appearing for the Case

Lloyd I. Hoppner and Joseph Paskvan, Hoppner & Paskvan, P.C., Fairbanks, for appellant.

Gail M. Ballou, Fairbanks, for appellee Alaska Pacific Properties, Inc.

Ann M. Johnson, Lynnwood, Washington, for appellees Jeffrey's Restaurant, et al.

Before MATTHEWS, C.J., and RABINOWITZ, BURKE, COMPTON and MOORE, JJ.

MATTHEWS, Chief Justice.

I. FACTUAL AND PROCEDURAL BACKGROUND

In this case, George Bibo, a minority stockholder of Alaska Pacific Properties, Inc. claims that the Johnsons, controlling shareholders of the corporation, caused the corporation to engage in various transactions which benefitted the Johnsons to the prejudice of the corporation and Bibo. Summary judgment in favor of the controlling shareholders was granted. We reverse.

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