Butterfield v. Metal Flow Corp.

Plaintiff appeals as of right from a judgment of the circuit court entered in his favor in the amount of $45,000 plus interest accruing from the filing date of plaintiffs complaint, together with applicable costs. We affirm in part and reverse in part and remand this case to the trial court for further proceedings consistent with this opinion.

This case arises out of defendant’s failure to deliver fifteen percent of its existing shares of stock pursuant to a January 28, 1980, agreement with plaintiff.

In late 1978 or early 1979, Curtis Brown and his son, Mark, incorporated defendant, which at…