Fuller v. Horvath

Appellants (Richard D. Fuller and wife) filed suit in the Circuit Court for Montgomery County against Midami Corporation and several named defendants (who were officers and directors or shareholders of Midami — and are appellees herein), individually, for breach of contract and fraud. They alleged that two of the individuals, on behalf of the remaining defendants (including Midami), promised to pay the appellants a fee for procuring a buyer for Midami’s subsidiary, Mid Atlantic Corporation. This fee was to be in the form of forgiveness of the appellants’ promissory note, held originally by…