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BAILEY v. ASTRA TECH, INC.; STOCKARD

No. 12-P-478.

84 Mass. App. Ct. 590 (2013)

DOUGLAS G. BAILEY v. ASTRA TECH, INC., & others; ROBERT G. STOCKARD, & others, third-party defendants.

Appeals Court of Massachusetts, Suffolk.

December 4, 2013.

Attorney(s) appearing for the Case

Steven M. Cowley for the plaintiff.

Harvey E. Bines for CID Equity Capital VIII, LP, & others.

Richard D. Batchelder, Jr., for Astra Tech, Inc.

Present: KAFKER, COHEN, & TRAINOR, JJ.

TRAINOR, J.

Douglas G. Bailey, as shareholders' agent (shareholders' agent) of the shareholders of Atlantis Components, Inc. (Atlantis), appeals from a judgment of the Superior Court that (1) approved the settlement between Astra Tech, Inc. (Astra Tech), and a group of former shareholders of Atlantis (settling shareholders), and (2) ordered distribution of the settling shareholders' proportional share of an escrow fund. The only issue before us is whether the settling...

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