Pfeifer v. DME Liquidating, Inc.

Plaintiff, individually and as the personal representative of her deceased husband’s estate, brought this action for breach of an agreement whereby he subscribed to shares of Delta Medical Electronics, Inc., a Washington corporation, at the time of its organization. She also stated claims against the individual defendants for conversion and interference with contractual relations, in connection with the corporation’s failure to issue shares pursuant to the agreement. The parties agreed that some of the subscribers, including plaintiffs husband, would give the corporation promissory notes and…