Opinion ID: 728163
Heading Depth: 2
Heading Rank: 4

Heading: Jackson's Acquisition of McClinton's 3% Interest Through Help of D. Paradies

Text: 19 In August, 1988, Hartsfield Concessions purchased McClinton's interest in Paradies Midfield for $11,000. At trial, McClinton testified that she was willing to sell because she had made almost no money from her venture. In fact, D. Paradies had instructed his employee to withhold McClinton's management fees or dividends because he didn't like McClinton. At the time of the sale, McClinton had accrued $11,455, of which she had no knowledge. After Hartsfield Concessions, via Jackson, paid McClinton the $11,000 purchase price, Midfield (via D. Paradies) paid Hartsfield Concessions McClinton's $11,455 in back dividends. After the transfer, the management fees paid to Hartsfield Concessions were increased to 1.5%. 20