In re the Dissolution of Cristo Bros.

OPINION OF THE COURT

Main, J.

In 1965, petitioner Nicholas A. Cristo and his brother, respondent Sebastian Cristo, incorporated Cristo Brothers, Inc., which is engaged in the business of general and demolition contracting. The brothers are the sole directors and officers of the corporation and each owns 50% of the corporation’s stock. The brothers operated the business without internal problems until petitioner suffered an injury which prevented him from participating in the control of the corporation. It is unclear whether petitioner was prevented from exercising his ownership rights after his…