California Court of Appeal

Judgment in favor of plaintiff's suit against the majority shareholders of a corporation is reversed where defendants' promise to plaintiff, stating that it would not increase officer compensation without approval of all shareholder, is unenforceable for lack of consideration.

Appellate Information

• Decided 08/30/2004
• Published 08/30/2004

Judges

• SWAGER, J.

Court

• California Court of Appeal

Counsel

• For Appellees:
  
• Thelen Reid & Priest, Kenneth L. Nissly, Esq., Christine E. Stephens, Esq., San Jose, for Plaintiff and Appellant and for Plaintiff and Respondent Miguel Jara, Sr., Keker & Van Nest, Steven A. Hirsch, Esq., San Francisco, for Defendants and Appellants Miguel Jara, Jr., and Gonzalo Rodriguez., Law Offices of Steven J. Hassing, Steven J. Hassing, Esq., Roseville, for Defendant and Appellant Suprema Meats, Inc.