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District Court of Appeal of Florida


Travelbiz Solutions, Inc. v. Click Interconnect, Inc., 4D05-4332

In a dispute involving a transaction between a shareholder and the company whose shares he held, the court finds that substantial competent evidence supported the trial court's finding that the transaction might have been nominally a loan but repayment depended on the company obtaining larger financing it needed, which had not occurred by the time of trial and was now unlikely.

Appellate Information

  • Decided 01/31/2007
  • Published 01/31/2007

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Court

  • District Court of Appeal of Florida

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