Charles Saden v. Brian Smith

OPINION

MICHAEL MASSENGALE, Justice.

Charles R. Saden and Brian Smith were the sole shareholders of POS Card Processing, Inc. Saden appeals from a judgment against him for breach of contract and breach of fiduciary duty arising from actions taken in connection with his management of the company. Smith moved to dismiss this appeal for want of jurisdiction, while Saden raised four appellate issues, alleging: (1) Smith lacked standing to recover damages for injuries to the corporation; (2) the trial court erred by not requiring Smith to elect a remedy; (3) the trial court erred in rendering…