Legal Opinion

Thrift v. Maxwell

Court of Appeals of Georgia

Decided April 9, 1982No. 63261PublishedCited by 8 opinions

1Opinion of the Court

Birdsong, Judge.

Dissipation of Corporate Assets. The facts reflect that Maxwell came to DeKalb County on or before June 1973 and induced the appellant Jack Thrift to invest $9,000 in a corporation, the purpose of which was to own and operate four franchises in North Carolina involving Bonanza Steak houses. Thrift also was the owner of an advertising business and as part of the inducement, Maxwell asserted that a considerable amount of advertising business would be generated by the four businesses. In June 1973, Maxwell incorporated All South Sirloin Pits, Inc. There were three principal…

2Cases cited9 opinions

  1. Dickson v. DicksonSupreme Court of Georgia · 1977
  2. Pickett v. PaineSupreme Court of Georgia · 1973
  3. Newsrack Supply, Inc. v. HeinleCourt of Appeals of Georgia · 1973
  4. Candler v. Clover Realty Co.Court of Appeals of Georgia · 1972
  5. Thoni Oil Magic Benzol Gas Stations, Inc. v. KimseyCourt of Appeals of Georgia · 1966

4 more not listed; retrieve them via the Exa API.

3Cited by8 opinions

  1. Dunn v. CeccarelliCourt of Appeals of Georgia · 1997
  2. Millsap v. American Family Corp.Court of Appeals of Georgia · 1993
  3. Shelby Insurance v. FordSupreme Court of Georgia · 1995
  4. Harrell v. Bank of the South, N.A.Court of Appeals of Georgia · 1985
  5. Fleming v. CarasCourt of Appeals of Georgia · 1984

3 more not listed; retrieve them via the Exa API.

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