Gowin v. Granite Depot, LLC
Supreme Court of Virginia
1Opinion of the Court
OPINION BY Justice ELIZABETH B. LACY.
In this appeal, Patrick J. Gowin asks that we reverse the judgment of the trial court dismissing his derivative suit based on the trial court's conclusion that, because he failed to make payments that he was obligated to make on a promissory note securing his capital contribution to Granite Depot, LLC, he had been properly terminated as a member of the company, and therefore could not maintain this action. For the reasons stated below, we conclude that the promissory note was a demand note and because no demand for payment was made, Gowin's obligation to…
2Cases cited10 opinions
- Cheatle v. Rudd's Swimming Pool Supply Co.Supreme Court of Virginia · 1987
- Flippo v. CSC Associates III, L.L.C.Supreme Court of Virginia · 2001
- Brewer v. First National BankSupreme Court of Virginia · 1961
- Feddeman & Co., C.P.A., P.C. v. Langan Associates, P.C.Supreme Court of Virginia · 2000
- Morriss v. Harveys & WilliamsSupreme Court of Virginia · 1881
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- In re Virginia Broadband, LLCUnited States Bankruptcy Court, W.D. Virginia · 2014
- Mid Atlantic Engineering Technical Services, Inc. v. Miller Hardman Designs, L.L.C.Chesapeake County Circuit Court · 2013
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