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Papillo v. Pockets Inc.
State: Maryland
Court: Court of Appeals
Docket No: 230/97
Case Date: 11/05/1997
Preview:REPORTED IN THE COURT OF SPECIAL APPEALS OF MARYLAND No. 230 SEPTEMBER TERM, 1997 ___________________________________

GREGORY M. PAPILLO v. POCKETS, INC. ET AL. ___________________________________ Cathell, Hollander, Sweeney, Robert (Retired, Specially Assigned) JJ. ___________________________________ Opinion by Hollander, J. ___________________________________ Filed: November 5, 1997

Gregory

M.

Papillo,

appellant,

and

Albert

E.

Crandall,

appellee, have been engaged in a protracted dispute concerning two close corporations in which each party owned a 50 percent interest. In 1993, after appellant sought dissolution of both corporations, appellee elected to avoid dissolution by purchasing appellant's stock, pursuant to Md. Code (1975, 1993 Repl. Vol.),
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