Giordano v. Aerolift, Inc.

Aikman, Phillips and Haunschild1 are members of the Board of Directors of Aerolift, Inc. Plaintiff brought an action against Aerolift and Mahaffey, a director and the chief operating officer of the corporation, and was awarded money judgments against both.2 Aerolift had its principal office in Tillamook, and the breach of contract giving rise to plaintiffs action against Aerolift occurred in Oregon. After the judgment, the court entered a restraining order prohibiting disposal of Aerolift’s assets from which plaintiffs judgment might be satisfied. The order was served on Aerolift and on…