Business Associations Keyed to Hamilton
Galler v. Galler
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- Topic: Identifies the topic of law and where this case fits within your course outline.
- Parties: Identifies the cast of characters involved in the case.
- Procedural Posture & History: Shares the case history with how lower courts have ruled on the matter.
- Case Key Terms, Acts, Doctrines, etc.: A case specific Legal Term Dictionary.
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- Brief Facts: A Synopsis of the Facts of the case.
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- Facts: What are the factual circumstances that gave rise to the civil or criminal case? What is the relationship of the Parties that are involved in the case. Review the Facts of this case here:
Isadore (D) and Benjamin, two brothers of a corporation, drew up a shareholder’s agreement to benefit their respective families in case of either of their death. This agreement secured salary continuation payments towards surviving widows. It also allowed the widow a position on the board of directors and to choose a successor for her husband. Specific dollar amounts of dividends were dictated in the agreement. These payments were also qualified so as not to encumber the resources of the business. Emma (P) sought enforcement of the agreement after Benjamin’s death, but Isadore (D) repudiated the agreement, claiming it violated Corporations Code and public policy of Illinois.
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