Former SA cricketer McMillan in court action over shares Main Book 1

"Over a period of six weeks, (CBA's directors) ousted [Brian McMillan] and took over the business," McMillan's advocate, Richard Goodman, said as the civil suit started in the high court yesterday. Yesterday, Goodman told the court McMillan had entered into an association with CB...

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Bibliographic Details
Published inCape times (South Africa)
Main Author Joseph, Natasha
Format Newspaper Article
LanguageEnglish
Published Cape Town Independent Online (South Africa) 28.05.2009
Subjects
Goodman, Richard
McMillan, Brian
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Summary:"Over a period of six weeks, (CBA's directors) ousted [Brian McMillan] and took over the business," McMillan's advocate, Richard Goodman, said as the civil suit started in the high court yesterday. Yesterday, Goodman told the court McMillan had entered into an association with CBA after he had identified Tygerberg Minolta as a "business for acquisition". He could not afford to buy the business alone, and so entered into an agreement whereby CBA would buy 70 percent of shares in the business.