HALTA v. BAILEY

No. A95A1679.

464 S.E.2d 614 (1995)

219 Ga. App. 178

HALTA v. BAILEY.

Court of Appeals of Georgia.

Reconsideration Denied November 29, 1995.

Certiorari Denied February 16, 1996.


Attorney(s) appearing for the Case

Driebe & Driebe, P.C., Charles J. Driebe, J. Ronald Stegall, Jr., Jonesboro, for appellant.

Cashin, Morton & Mullins, Harry L. Cashin, Jr., Noel B. McDevitt, Jr., Atlanta, Albert Bailey Wallace, P.C., Albert B. Wallace, Stephen B. Wallace, II, Jonesboro, for appellee.


ANDREWS, Judge.

The central issue raised in this appeal is whether the grantee and first taker are indispensable parties in this action for declaratory judgment and claim of fraudulent conveyance of shares of closely held stock.

Taken in the light most favorable to the jury's verdict, the evidence at trial was that in December 1992, plaintiff Bailey was awarded shares of stock in two closely held corporations, Huddleston Company and Walker Concrete, in the...

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