Harriott v. Tronvold

LAYORATO, Chief Justice.

In this declaratory judgment action involving three shareholders of a closed corporation, two of the shareholders sued the third. The petition alleged breach of an oral contract to contribute to the corporation to cover cash shortfalls, breach of an oral contract to sell the assets of the corporation, and interference with contractual relations with the corporation.

The district court granted the defendants’ motion for directed verdict on the first claim because the court determined there was insufficient evidence of the alleged contract. As to the second claim, the…