Gapiii, Inc. v. Seal Industries, Inc.
Court of Appeals of Georgia
1Opinion of the Court
Branch, Judge.
This case involves the interpretation and application of two contracts entered into in January 2011 between Seal Industries, Inc., and its subsidiaries and/or related companies (collectively, “Seal”) and G. L. Ohrstrom & Co., Inc., GAPIII, Inc., Hillside Capital Incorporated, and the Ampex Retirement Trust (collectively, “the Managers”). The first of these contracts was a Management Services Agreement (“the MSA”), pursuant to which Seal agreed to pay each of the Managers a specified amount in exchange for the provision of management services. The second contract was a…
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