Salmon & Associates, Inc. v. Liskey

LeBLANC, Judge.

James D. Liskey, defendant, was formerly employed by Salmon & Associates, Inc., plaintiff. As an incentive to Liskey to continue his employment at Salmon & Associates, Liskey and Salmon & Associates entered into a “Stock Buy-Sell Agreement”. Over a seven year period twenty percent of the stock of Salmon & Associatés was transferred to Lis-key, pursuant to their agreement. The remainder of the Salmon & Associates stock is owned entirely by members of the Salmon family.

Liskey’s employment with Salmon & Associates ended in August of 1992. Shortly after Liskey’s employment ended,…