By Kelcey Caulder (April 22, 2022, 9:56 PM EDT) — A Georgia state court jury has unanimously found that the co-owner of a Georgia real estate development company breached his fiduciary duty by transferring the company’s money to himself and his other real estate businesses without approval from the company’s other co-owner.
In the first jury trial held in the Georgia State-wide Business Court, the jury found Thursday evening that Miller Lowry had transferred money from Carter Lowry Development LLC to himself and his other real estate businesses — Miller Lowry Developments LLC, North Peachtree Norcross LLC and Thundercat LLC — without proper authorization from company’s other co-owner, Matt Carter. On…
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