GREAT AMERICAN OPPORTUNITIES, INC. v. JAMES A. BRIGMAN - Articles

All Content


Posted by: Landry Butler on Apr 6, 2018

Court: TN Court of Appeals

Attorneys 1:

Paul S. Davidson, Laura P. Merritt and William Randall O’Bryan, Jr., Nashville, Tennessee, for the appellant, Great American Opportunities, Inc.

Attorneys 2:

James A. Brigman, Lewisville, North Carolina, pro se.

Judge(s): MCCLARTY

This is a breach of contract action in which the plaintiff employer filed suit against its employee, claiming that he was liable for balances on his commission and sales accounts. Following a bench trial, the court ruled in favor of the employee and ordered the employer to direct the redemption of his stock held in the parent company. We reverse, in part, and hold that the parent company is not obligated to redeem the stock and that the employer is also without the requisite authority to direct redemption. We affirm the judgment in all other respects.