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RIDDLE-BRADLEY, INC. v. RIDDLE

No. A95A0769.

459 S.E.2d 576 (1995)

217 Ga. App. 725

RIDDLE-BRADLEY, INC. v. RIDDLE et al.

Court of Appeals of Georgia.

Reconsiderations Denied July 7, 1995.

Certiorari Denied October 20, 1995.

Attorney(s) appearing for the Case

Shaw, Maddox, Graham, Monk & Boling, Virginia B. Harman, Rome, for appellant.

Jones, Byington, Durham & Payne, Frank H. Jones, Brinson, Askew, Berry, Seigler, Richardson & Davis, J. Anderson Davis, Smith, Price & Wright, S. David Smith, Jr., Rome, for appellees.

BEASLEY, Chief Judge.

Riddle-Bradley, Inc., a wholesale and retail office supply business, negotiated a sale of substantially all the company's assets to Danka Industries, Inc. Thereafter, minority shareholders Bradley Riddle, Sr. and Bradley Riddle, Jr. filed a derivative action alleging breach of fiduciary duties by the majority shareholder. They also took the appropriate steps to exercise their dissenters' rights under the Georgia Business Corporation Code (OCGA...

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