K & K MANAGEMENT, INC. v. LEE

No. 145, September Term, 1987.

316 Md. 137 (1989)

557 A.2d 965

K & K MANAGEMENT, INC. ET AL. v. CHUL WOO LEE ET AL.

Court of Appeals of Maryland.

May 16, 1989.


Attorney(s) appearing for the Case

M. Albert Figinski (Arnold M. Weiner, Julie C. Janofsky and Melnicove, Kaufman, Weiner, Smouse & Garbis, P.A., all on brief), Baltimore, for appellants.

Oscar S. Gray and Larry S. Gibson (Michael B. Mitchell and Terrance W. Tankard, all on brief), Baltimore, for appellees.

Argued before MURPHY, C.J., and ELDRIDGE, COLE, RODOWSKY, McAULIFFE, ADKINS and BLACKWELL, JJ.


RODOWSKY, Judge.

Appellants, owners of a motel, contracted with the appellees to operate the motel's restaurant under a profit sharing lease. About two years later it appeared to the appellants that terminating the arrangement would be more efficient than continuing it. Appellants effected termination by locking out the appellees without notice. This strategy for maximizing value failed to consider all of the costs. When the dust settled after the resulting litigation...

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