Legal Opinion

Black v. Graham

Supreme Court of Georgia

Decided January 8, 1996No. S95A1715, S95A1918PublishedCited by 7 opinions

1Opinion of the Court

Hines, Justice.

These consolidated appeals challenge the dissolution and liquidation of a corporation.

Graham and Black were each 50 percent shareholders of a building supplies business. Graham filed a petition to dissolve the corporation pursuant to OCGA § 14-2-1430. By consent order, the superior court appointed a custodian with full powers to run the day-to-day operations. Subsequently, the court concluded that Black and Graham functioned as directors and were deadlocked within the meaning of OCGA § 14-2-1430 (2) (A), and that there were adequate grounds to dissolve the corporation because…

2Cases cited2 opinions

  1. Gregory v. J. T. Gregory & Son, Inc.Court of Appeals of Georgia · 1985
  2. Farrar v. PesterfieldSupreme Court of Georgia · 1960

3Cited by7 opinions

  1. Georgia Rehabilitation Center, Inc. v. Newnan HospitalSupreme Court of Georgia · 2008
  2. Longwell v. Custom Benefit Programs Midwest, Inc.South Dakota Supreme Court · 2001
  3. Koshy v. SachdevMassachusetts Supreme Judicial Court · 2017
  4. Vautrot v. WestCourt of Appeals of Georgia · 2005
  5. Longwell v. Custom Benefit ProgramsSouth Dakota Supreme Court · 2001

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