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Corporations Keyed to Klein
Essex Universal Corp. v. Yates
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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:
Plaintiff offered to purchase between 566,223 shares at $8 per share ($2 more per share than the market value) of Republic Pictures shares from Defendant. This represented 28.3% of the outstanding shares of Republic Pictures. Plaintiff was going to pay 37.5% of the total price up front and pay the rest over 24 monthly payments, during which time Defendant would hold on to the certificates as security. Defendant agreed that once Plaintiff closed on the transaction that Defendant would have 8 of the 14 board members resign so Plaintiff could replace them with their own members. When the parties met to close the deal, Defendant refused. Plaintiff then brought this action for $2.7 million to recover the difference between their price and what the shares were worth. Defendant argued that the agreement was invalid because it called for terminating management.
- 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.
- The Brief Prologue closes the case brief with important forward-looking discussion and includes:
- Policy: Identifies the Policy if any that has been established by the case.
- Court Direction: Shares where the Court went from here for this case.