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Business Associations Keyed to Bainbridge
Ramos v. Estrada
Citation:
8 Cal.App.4th 1070 10 Cal.Rptr.2d 833 (1992)Facts
Two groups of people separately sought from the Federal Communications Commission a permit to form a Spanish language television station in Ventura County. In June 1987, the members of Broadcast Group entered into an agreement to vote all their shares of Television, Inc. in a manner determined by a majority of them. The agreement also restricted transfer of the shares. The initial eight-member board of Television, Inc. elected Leopoldo Ramos as president. At a special directors’ meeting, Tila Estrada voted with the Ventura 41 group block to remove Ramos as president and to replace him with WAlter Ulloa. Under the June Broadcast Agreement, each of the groups were required to vote for the directors upon whom a majority of each respective group had agreed. On October, 1988, the Broadcast Group noticed another meeting to decide how its members would vote their shares for directors. All members attended except the Estradas. The Estradas declared the June Broadcast Agreement null and void.
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