Simpson v. Pendergast

Ruffin, Judge.

Steve Simpson and Joseph Pendergast are two of the four shareholders in Historic Motorsports Holdings, Ltd. (“HMH”). Pen-dergast brought an action for declaratory judgment and specific performance against Simpson, seeking to require Simpson to sell his shares in HMH to Pendergast. The trial court granted summary judgment to Pendergast, finding that he “is entitled to specific performance by [Simpson] of [Simpson’s] obligation to close the sale of his shares to [Pendergast]Simpson appeals, and, for reasons that follow, we affirm in part and reverse in part.

Summary judgment is…