Nilson v. Nilson CA4/1
Henry Nilson (Henry) appeals from a judgment that determined ownership of Skona, Inc. (Skona) and excluded him from the ownership. After Henry's brother Dan filed a complaint seeking determination of the stock ownership of Skona, the court held a bench trial and found, on the basis of waiver and estoppel, that Henry relinquished his ownership in Skona nearly two decades ago. Although Henry had held one-quarter ownership in Skona at incorporation in 1982 (along with Dan, their father Charles, and their then-brother-in-law Joe Rothfleisch), he relinquished it in 1998 when he sent a letter separating himself from the family business, after which he took no action to involve himself in Skona's business. Having reviewed the record and applicable law, we find that substantial evidence supports the court's judgment.
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