- 3 - memorandum in support of her notice of objection to petitioners' motion, the facts underlying this action may be best surmised as follows. Each petitioner is a corporation organized under the laws of the State of Louisiana. Petitioner Brinson Company- Texas, Inc., and petitioner Brinson Company-Midwest, Inc., are both wholly owned subsidiaries of petitioner Brinson Co., Inc. (hereinafter Brinson). Petitioners are involved in the importation and distribution of German automobile parts. Prior to December 23, 1985, Brinson was a family-owned closely held corporation. Gunther G. Wittich and Brigitte G. Wittich, husband and wife, were the principal owners. Their two sons, Rainier R. Wittich and Michael W. Wittich, each maintained a less significant ownership position. During the first half of the 1980's, a somewhat less than harmonious relationship existed between Gunther and Brigitte, both personally and with regard to the operation of Brinson. The couple received a divorce decree in March 1985. Following the divorce, the family divided and formed two factions, Gunther and Rainier on one side and Brigitte and Michael on the other side. Difficulties quickly ensued because both alliances controlled exactly one-half of Brinson, and neither side could agree with the other regarding its operation. These problems were resolved in 1985 when Brinson's board of directors, consisting of Gunther, Brigitte, and Rainer, voted to terminate Brigitte and Michael from Brinson's employ. On October 9, 1985,Page: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 Next
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