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SDM INVESTMENTS GROUP, LLC v. HBN MEDIA

A19A0880

836 S.E.2d 193 (2019)

SDM INVESTMENTS GROUP, LLC v. HBN MEDIA, INC. et al.

Court of Appeals of Georgia.

November 1, 2019

Attorney(s) appearing for the Case

William Wingate Downs , Decatur, GA, David Shane Smith , John W. Dennehy , for Appellant.

Travis Carlisle Hargrove , Columbus, GA, Kevin Harrison Hudson , Mary Lillian Walker , Atlanta, GA, Zachary Richard Hall , for Appellee.

DOYLE, P. J., COOMER and MARKLE, JJ.

This case arises from a merger (or majority buyout) of HBN Media, Inc. ("HBN"), by a subsidiary of Serent Capital, L.P. ("Serent"), in which merger SDM Investment Group, LLC, which was a founding shareholding in HBN, was unable to maintain any ownership interest of the new company. SDM sued HBN, the chief operating officer...

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