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  5. 840 P.2d 748 (1992)
 

GIORDANO v. AEROLIFT, INC.

87-2115; CA A66909.

840 P.2d 748 (1992)

116 Or. App. 150

William GIORDANO, Respondent, v. AEROLIFT, INC., a Colorado corporation, and W. Larry Mahaffey, Defendants, and John Aikman, Fred Phillips and Willard Haunschild, Directors, Aerolift, Inc., Appellants.

Court of Appeals of Oregon.

Decided November 4, 1992.

Reconsideration Denied January 27, 1993.

Attorney(s) appearing for the Case

Michael J. Gentry, Portland, argued the cause for appellants. With him on the briefs were Tooze Shenker Holloway & Duden, Portland.

James M. Brown, Salem, argued the cause for respondent. With him on the brief was Enfield, Guimond & Brown, Salem.

Before RICHARDSON, P.J., JOSEPH, C.J., and DEITS, J.

DEITS, Judge.

Aikman, Phillips and Haunschild1 are members of the Board of Directors of Aerolift, Inc. Plaintiff brought an action against Aerolift and Mahaffey, a director and the chief operating officer of the corporation, and was awarded money judgments against both.2 Aerolift had its principal office in Tillamook, and the breach of contract giving rise to plaintiff's action against Aerolift occurred in...

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