Kyle Pertuis, Respondent v. Front Roe Restaurants, Inc., Beachfront Foods, Inc., Lake Point Restaurants, Inc., Mark…

Summary

The South Carolina Supreme Court held that the three corporations were distinct entities, rejecting the trial court’s amalgamation finding, limited Pertuis’s ownership in Front Roe to 1%, affirmed his right to unpaid distributions but reduced the award to $14,142, and vacated the trial court’s findings regarding the North Carolina corporations. The Court also clarified that South Carolina law governs the amalgamation issue under the internal affairs doctrine.