Jefferson County Truck Growers Ass'n v. Tanner

The issue on this appeal is whether the evidence was sufficient to permit the trial court to find that a corporate officer-director did not breach fiduciary duties owed the corporation and did not realize personal profit or gain in dealing with corporate assets. We find no error in the trial court's conclusion that he did not, and affirm the judgment.

Basically, this case involves three transactions in which Jefferson County Truck Growers Association, a Corporation, leased property to others who, in turn, subleased, and assigned an interest in their leases, to one Jack R. Tanner.

The…