Legal Question in Civil Litigation in Georgia

How do I stop transfer of stock of a corporation without a lawyer?

I have a verbal contract with the majority owner of a corporation but he will not honor it and I cannot find a lawyer to take my case on percentage only and I do not have the money to pay up front. How can I stop the majority owner of selling 100% of the stock without the use of a lawyer?(in other words doing it myself) I claim myself and son own 25% of the stock. If the majority owner ever sells what he claims is 100% of the stock I will never get my money. I have everything (retirement, etc) I have in this world tied up in this corporation and can prove it.


Asked on 2/13/06, 7:40 pm

1 Answer from Attorneys
Scott Riddle Law Office of Scott B. Riddle, LLC

Re: How do I stop transfer of stock of a corporation without a lawyer?

You are effectively asking for a blueprint of how to win a lawsuit based on a couple sentences. That is not possible on any case, much less a shareholder lawsuit based on a contract that is not in writing. I presume you have met with lawyers to discuss the case, and they have declined to take it on a contingency. If so, what were their reasons? One thing that stands out is that you may be asking for something other than a money judgment. If so, that is not something lawyers generally do on a contingency. I can only suggest that you keep contacting lawyers experienced in shareholder and business disputes, perhaps considering a hybrid fee arrangement (part hourly, part contingency).

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Answered on 2/13/06, 8:05 pm


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