THOMAS v. B & I LENDING, LLC

No. A02A2162.

581 S.E.2d 631 (2003)

261 Ga. App. 39

THOMAS v. B & I LENDING, LLC, et al.

Court of Appeals of Georgia.

April 9, 2003.


Attorney(s) appearing for the Case

Wilson Law Firm, L. Matt Wilson, Anthony O. Lakes, Atlanta, for appellant.

Bondurant, Mixson & Elmore, Frank M. Lowrey, IV, Ronan P. Doherty, Atlanta, for appellees.


ADAMS, Judge.

Michael R. Thomas, the founder and chief executive officer of a small company, became involved in a dispute with the company and its majority owner about his management of the company. To buy time to solve their differences and possibly to sell the company, the parties entered into a "Standstill Agreement," which provided that no party would initiate litigation through a certain date and that, should litigation...

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