Court Opinion

ID: 9682069
Source: CourtListenerOpinion
Date Created: 2023-08-24 08:05:03.671456+00
Date Added: 2024-06-11T18:17:37.343052
License: Public Domain

EVANS, Chief Justice,
concurring and dissenting.
I concur with the majority’s holding except to the extent the majority concludes that the trial court abused its discretion in requiring that the appellants pay reasonable dividends annually to appellee in future years from retained profits and retained earnings of the corporation, as long as the appellee remains a shareholder in the corporation.
In my opinion, the jury’s findings support the trial court’s conclusion that unless ordered to do so, appellants would never pay any dividends to the appellee in the future. Therefore, it is my view that the court did not abuse its discretion in directing that the appellants pay reasonable dividends to the appellee pending the effectua*389tion of the ordered buy-out. Although, as the majority points out, the appellee did have the protection of other injunctive orders and the receivership, that protection does not, in my opinion, preclude the trial court’s determination that a specific injunc-tive order was needed to provide adequate protection.