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Lowery v. Air Support International Inc.

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eBook details

  • Title: Lowery v. Air Support International Inc.
  • Author : Missouri Court of Appeals
  • Release Date : January 31, 1998
  • Genre: Law,Books,Professional & Technical,
  • Pages : * pages
  • Size : 62 KB

Description

Appeal From: Circuit Court of Webster County, Hon. Theodore B. Scott Opinion Vote: AFFIRMED. Garrison, C.J., and Shrum, P.J., concur. Opinion Katharyn Lowery (Plaintiff), filed a petition for breach of contract between Plaintiff and Air Support International, Inc. (Defendant). The contract's terms, set out infra, provided that upon the sale of ""Air Support International, Inc."" and ""Air Sports, Inc.,"" Plaintiff would receive a ""4% commission"" of the net proceeds to compensate Plaintiff for ""past and future performance"" and in lieu of her participation in a corporate profit sharing program. In her petition, Plaintiff claimed the contract was breached because Defendant had listed the ""corporation"" on the market for $5,000,000.00 but ""willfully refused and continues to refuse to sell and has removed the corporation from the market.""1


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