J BAR H, INC. v. Johnson

CARDINE, Justice.

This case presents a textbook example of oppression and deadlock in a small, closely-held corporation. The trial court ordered the corporation dissolved and a receiver appointed. It found that money loaned to the corporation by appellants was not a valid debt of the corporation. It also refused to order relief in the corporation’s derivative action against appellee for starting a competing business.

We affirm the trial court’s order. Since some of the issues in this case have not yet been determined by the trial court, we consider only the issues presented for review and…