Equimart Ltd., Inc. v. Epperly
Indiana Court of Appeals
1Opinion of the Court
RATLIFF, Chief Judge.
STATEMENT OF THE CASE
Equimart Ltd., Inc. (Equimart) appeals the Morgan Superior Court's entry of par tial summary judgment in favor of Harrison P. Epperly (Epperly). We affirm.
FACTS
Equimart is an Indiana Corporation. Ep-perly was one of the founders and was the principal officer of United Brake Systems (UBS). Epperly owned 80% of the common stock of UBS, and Epperly's wife owned the remaining 20%. Epperly decided to sell UBS and, after negotiations with other prospective buyers failed, began negotiations with Equimart sometime in the late Spring of 1986 to sell all the…
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