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Law (legal environment of business) | Law homework help

Analyze the issue based on the following criteria:

  • Identify the parties involved in the case dispute (who is the plaintiff and who is the defendant).
  • Identify the facts associated with the case and fact patterns.
  • Develop the appropriate legal issue(s) in question (i.e., the specific legal issue between the two parties).Provide a judgment on who should win the case – be clear.
  • Support your decision with an appropriate rule of law.
  • Be prepared to defend your decision and to objectively evaluate the other points of view.

Two brothers, Alex and John, served as directors of Atlas Corporation, a closely held corporation. Alex was responsible for financial matters, and John handled the company’s day- to- day operations. The relationship between the two brothers began to deteriorate in 1995. On several occasions, Alex used his position as majority shareholder to over-rule the board’s decisions. The conflict culminated when John learned that Alex had made decisions contrary to the majority and without informing John. The following morning, John found out that Alex no longer intended that John be president of Atlas. Alex subsequently offered John a position as a consultant. John refused and filed a complaint seeking judicial dissolution. He argued that Alex, as majority shareholder, “ froze him out” of the cor-poration.

Do you agree with John? Why or why not? [ Kiriakides v. Atlas Food Systems & Services, Inc., 2000 S. C. App. LEXIS 32 ( 2000).]


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