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A & B BOLT & SUPPLY, INC. v. DAWES

Nos. 10-492, 09-1563.

49 So.3d 964 (2010)

A & B BOLT & SUPPLY, INC. v. David S. DAWES and Whitco Supply, L.L.C.

Court of Appeal of Louisiana, Third Circuit.

October 13, 2010.

Attorney(s) appearing for the Case

Stephen A. Stefanski , Edwards, Stefanski & Zaunbrecher, Crowley, LA, for Defendant/Appellee, Whitco Supply, L.L.C.

Gerald C. deLaunay , Perrin, Landry, deLaunay, Dartez & Ouellet, Lafayette, LA, for Defendant/Appellee, David S. Dawes.

Alan K. Breaud , Timothy W. Basden , Lafayette, LA, for Plaintiff/Appellant, A & B Bolt & Supply, Inc.

Court composed of SYLVIA R. COOKS, JAMES DAVID PAINTER, and DAVID E. CHATELAIN, Judges.

COOKS, Judge.

FACTS AND PROCEDURAL HISTORY

David S. Dawes (Dawes) built a successful business known as A & B Bolt & Supply, Inc. (A & B). A & B engages in the sale of products such as pipes, valves, fittings, and other supplies in the oil and gas fabrication industry. Eventually Dawes sold the business enterprise to Industrial Holdings, Inc. (Industrial) for approximately twenty-one million dollars. Industrial subsequently sold the business...

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