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BETTER BUSINESS FORMS, INC. v. DAVIS

No. COA94-1381.

462 S.E.2d 832 (1995)

BETTER BUSINESS FORMS, INC., d/b/a WESLEY BUSINESS FORMS, Plaintiff, v. Doug DAVIS and John F. Woods, Defendants.

Court of Appeals of North Carolina.

October 17, 1995.

Attorney(s) appearing for the Case

Petree Stockton, L.L.P. by R. Rand Tucker and B. Gordon Watkins, III, Winston-Salem, for plaintiff-appellee/cross-appellant.

Brooks, Pierce, McLendon, Humphrey & Leonard, L.L.P. by Mack Sperling, Greensboro, for defendant-appellee/cross-appellee Doug Davis and defendant-appellant John F. Woods.

WALKER, Judge.

Plaintiff is a Florida corporation with an office and place of business in Forsyth County, North Carolina. Plaintiff owned an operating division known as Graphics Supply Company (Graphics Supply), a Winston-Salem, North Carolina business that had sales offices in Winston-Salem and Roanoke, Virginia. In August 1992, plaintiff sold Graphics Supply to the Davis-Woods Group, Inc., a Virginia corporation owned by defendants. At the closing of the sale, each...

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