Legal Opinion
Belio v. Panorama Optics, Inc.
California Court of Appeal
Decided March 31, 1995No. B075384PublishedCited by 16 opinions
1Opinion of the Court
Opinion
KLEIN, P. J.
Plaintiff and appellant Axel Belio (Belio) appeals a judgment following a grant of summary adjudication in favor of defendant and respondent Panorama Optics, Inc. (Panorama).
The issue presented is whether Panorama properly negated Belio’s action for involuntary dissolution of the corporation.
We conclude Belio is not entitled to involuntary dissolution pursuant to Corporations Code section 1800, subdivision (b)(3). That provision requires both internal dissension and shareholder deadlock. Here, while there is internal dissension, there is no shareholder deadlock because the…
2Cases cited12 opinions
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3Cited by16 opinions
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