Contracts Keyed to Murray
Arnold Palmer Golf Co. v. Fuqua Industries, Inc.
Only StudyBuddy Pro offers the complete Case Brief Anatomy*
Access the most important case brief elements for optimal case understanding.
*Case Brief Anatomy includes: Brief Prologue, Complete Case Brief, Brief Epilogue
- The Brief Prologue provides necessary case brief introductory information and includes:
- 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.
- Case Doctrines, Acts, Statutes, Amendments and Treatises: Identifies and Defines Legal Authority used in this case.
- The Case Brief is the complete case summarized and authored in the traditional Law School I.R.A.C. format. The Pro case brief includes:
- Brief Facts: A Synopsis of the Facts of the case.
- Rule of Law: Identifies the Legal Principle the Court used in deciding the case.
- 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:
Arnold Palmer Golf Co. (Plaintiff) entered into a business relationship with Fuqua Industries, Inc. (Defendant) for the purpose of acquiring third party manufacturing companies. Together, Plaintiff and Defendant acquired Fernquest and Johnson (Fernquest), a manufacturer of golf clubs. After this acquisition, Defendant and Plaintiff signed a Memorandum of Intent detailing a proposed new corporation to be formed by the two companies. The Memorandum of Intent stated that Plaintiff would own seventy-five percent of the new company, and Defendant would own the other twenty-five percent. Additionally, the Memorandum of Intent contained detailed statements about how the new company would be run and funded, as well as a statement that counsels for Plaintiff and Defendant would “proceed as promptly as possible to prepare an agreement acceptable to Palmer and Defendant for the proposed Combination of businesses.” The Memorandum of Intent also stated that the agreement between Palmer and Defendant was conditioned on fulfillment of two conditions: the preparation of a definitive agreement for the proposed combination of the two businesses that was satisfactory to both parties and approval of such agreement by Defendant’s Board of Directors. Before the definitive agreement was prepared, Defendant terminated negotiations with Plaintiff. Plaintiff sued in federal district court against Defendant seeking to enforce the alleged contract. The district court held that since the conditions in the Memorandum of Intent were not fulfilled, the Memorandum of Intent did not represent sufficient intent by Plaintiff and Defendant to be bound by contract. The district court granted Defendant’s motion for summary judgment, and Plaintiff appealed.
- Issue(s): Lists the Questions of Law that are raised by the Facts of the case.
- Holding: Shares the Court's answer to the legal questions raised in the issue.
- Concurring / Dissenting Opinions: Includes valuable concurring or dissenting opinions and their key points.
- Reasoning and Analysis: Identifies the chain of argument(s) which led the judges to rule as they did.