Andrew Haut v. Green Cafe Management, Inc. and Alabama Green, LLC
Texas Court of Appeals, 14th District (Houston)
1Opinion of the Court
OPINION
JEFFREY V. BROWN, Justice.
A jury found that appellant Andrew Haut breached a fiduciary duty to two companies in which he owned minority shares of stock and membership interests. The trial court found that Haut’s breach of fiduciary duty was clear and serious, warranting the remedy of equitable forfeiture of Haut’s stock and membership interests in the companies. We affirm.
I
Green Café Management, Inc. (GCM), is a corporation that franchises “Ruggles Green” restaurants. Alabama Green, LLC, operates a Ruggles Green restaurant at 2311 West Alabama in Houston. As franchisor, GCM sold the…
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