Trifad Entertainment, Inc. v. Anderson

¶1 Trifad Entertainment, Inc., (Trifad) and its majority shareholder, Joe Lee, Inc., (collectively Appellants) appeal from the Thirteenth Judicial District Court’s decision determining that Brad Anderson (Brad), Trifad’s minority shareholder, did not convert Trifad’s assets, that he did not breach the implied covenant of good faith and fair dealing or fiduciary duties, and that he did not engage in malicious and fraudulent behavior warranting punitive damages pursuant to § 27-1-221, MCA. We affirm in part, reverse in part and remand.

¶2 The following issues are presented on appeal:

¶3 1) Did…