VELTEN v. REGIS B. LIPPERT, INTERCAT, INC.

No. 91-9061.

985 F.2d 1515 (1993)

Terrance J. VELTEN, Plaintiff-Appellant, v. REGIS B. LIPPERT, INTERCAT, INC., Intercat Pacific, Inc., formerly Intercat, U.S.A., Defendants-Appellees.

United States Court of Appeals, Eleventh Circuit.

March 17, 1993.


Attorney(s) appearing for the Case

C. James McCallar, Jr. and Mark Bulovic, McCallar & Associates, Savannah, GA, for appellant.

Frank T. Laznovsky, Kirlin Campbell & Keating, New York City and Jane E. Fahey, Bondurant Mixson & Elmore, Atlanta, GA, for appellees.

Before KRAVITCH, Circuit Judge, GODBOLD and OAKES, Senior Circuit Judges.


GODBOLD, Senior Circuit Judge:

This appeal concerns appellant Velten's claims that he is entitled to a one-third ownership interest in Intercat, Inc. or its monetary equivalent. He asserts two different theories entitling him to relief: (1) an oral agreement with defendant Lippert and/or defendant intercat, Inc. that he be given a one-third interest, and (2) fraudulent inducement by Lippert inducing Velten to enter into a written contract of employment with Intercat...

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