Actually, you “bothered” so you could take another shot at me, that’s apparent.
It was only in the last week that I finally discovered ONE case that featured someone trying to convince the trial court to ignore the plain language of the statute and deny the defendant the right to buyout the plaintiff. It was filed just last year, and frustratingly, is unpublished, which is why I didn’t find it sooner. But it was a relief, because one thing I’ve learned about the law: no matter how wacky something is, it ain’t new. Dig long enough and you’ll find an instance of it happening before. (Although since this case was just last year it would seem that my case is technically the first one, as I think I might have filed first… hmmm). And both the appellate court and the trial court in that case agreed with me, so the lower court’s judgment was actually affirmed.
So if the court affirms the judgment in my case, I can’t begin to imagine what I will think or feel, because I would have to read the opinion itself to see how they got there. I lack the imagination necessary to see how it’s possible. Even the trial judge in my case couldn’t find a good way to justify it, which is why the words of the judgment make zip sense - and this is exactly the way it reads, nothing deleted in between:
Really? the membership interest I already own I can buy for cash? Gosh, thanks! And if the Plaintiff can “also” have the right to “bid on the assets of the Subject Business”, what exactly am I buying for cash? It seems to me that if this actually made any sense to begin with, the two things are mutually exclusive. Either you dissolve the company and sell the assets, or one member buys the OTHER member’s interest. This scenario is as old as corporate law itself, usually it’s dissolve the corp & sell the assets or the other shareholders buy the dissenting/complaining shareholders shares. Maybe the corporation itself buys out the complainers. But it’s one or the other, not both.
She also ruled, after I actually acted on the law in desperation, that I was too late. I argued in the hearing on her tentaive ruling that Cases A, B, and C specifically state there are no time limits But she didn’t change the tentative.
Then I found in the transcripts the conversation during the trial wherein the lawyers are discussing Corporations Code 17351 and the judge plainly acknowledges that she must rule before the section is invoked (re my buying him out) and yet 24 hours later, after stating in her verdict that I have the right then to buy him out under the code, his lawyer interrupts, begins by (inaccurately and falsely) stating that the code doesn’t say who can be the purchasing party (the non-moving party is the purchaser) so his client can… several pages of completely nonsensical discussion between both lawyers and the judge occurs, and she ends by saying, without saying why, that the assets will be put up for auction to the highest bidder.
So she erred on the same subject three different times and ways, none of them making any sense or being legally correct.