Legal Opinion
Pounds v. Brown
Court of Appeals of Georgia
Decided April 13, 2010No. A10A0497PublishedCited by 3 opinions
1Opinion of the Court
JOHNSON, Presiding Judge.
Edgar Pounds and several other members of Cobb Electric Membership Corporation filed a derivative action against Cobb EMC, its President and CEO, and the members of its Board of Directors, generally alleging causes of action for breach of fiduciary duty, abuse of control, gross mismanagement, waste of corporate assets, and unjust enrichment. The parties later entered into a Joint Proposal for Resolution of Derivative Litigation (the “Settlement Agreement”), and the derivative plaintiffs now appeal from a trial court order that refused to provide them with the relief…
2Cases cited7 opinions
- Savannah Yacht Corp. v. Thunderbolt Marine, Inc.Court of Appeals of Georgia · 2009
- George L. Smith II Georgia World Congress Center Authority v. Soft Comdex, Inc.Court of Appeals of Georgia · 2001
- City of Demorest v. Roberts & Dunahoo Properties, LLCCourt of Appeals of Georgia · 2007
- In Re Estate of HuffCourt of Appeals of Georgia · 2007
- Atmos Energy Corp. v. Georgia Public Service CommissionCourt of Appeals of Georgia · 2008
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3Cited by3 opinions
- Brown v. PoundsSupreme Court of Georgia · 2011
- Pounds v. BrownCourt of Appeals of Georgia · 2011
- Brown v. PoundsSupreme Court of Georgia · 2011