Bob Timberlake Collection, Inc. v. Edwards

BRYANT, Judge.

Marshall Edwards (Edwards-defendant) appeals' from orders entered 24 May and 17 June 2004 by which the trial court (1) granted The Bob Timberlake Collection, Inc.’s (BTI-plaintiff) motion to dismiss defendant’s counterclaims and (2) denied defendant’s motion for leave to amend his counterclaims.

The dispute between BTI and Edwards arose out of the sale of Riverwood, Inc. (Riverwood) in 2001. Pursuant to a stock purchase agreement, Edwards purchased 90% of the stock in Riverwood in exchange for which he agreed to pay BTI $800,000.00 in three payments. Edwards made the first…