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SOUTHERN CELLULAR TELECOM INC. v. BANKS

A92A2052, A92A2053.

208 Ga. App. 286 (1993)

431 S.E.2d 115

SOUTHERN CELLULAR TELECOM INC. et al. v. BANKS; and vice versa.

Court of Appeals of Georgia.

Reconsideration Denied March 31, 1993.

Attorney(s) appearing for the Case

Hurt, Richardson, Garner, Todd & Cadenhead, Henry D. Fellows, Jr., Hunton & Williams, Kevin A. Ross, Lorna M. Norton, Martha M. Glisson, for appellants.

L. Matt Wilson, McCalla, Raymer, Padric, Cobb, Nichols & Clark, C. James Jessee, Jr., Charney K. Berger, for appellee.

JOHNSON, Judge.

The facts construed most strongly in support of the verdict are as follows: Edward Grenvicz was the primary shareholder and president of Southern Cellular Telecom, Inc. (SCT). From 1987 until the summer of 1989, SCT established 13 subsidiaries, including Southern Cellular Telecom North (SCT North). In several instances, SCT offered a minority interest in the subsidiary corporation as an incentive to an individual who would also serve as the on-site...

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