Corporations Keyed to Klein
Doran v. Petroleum Management Corp
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*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 was an educated investor with a degree in petroleum engineering. A broker contacted Plaintiff to propose a sale of a participant interest in an LLC Wyoming oil drilling operation from Defendants to Plaintiff. Eight other entities were offered an interest, and three declined. Plaintiff paid for his interests through a down payment and a promissory note to take over payments on a debt held by the LLC. Shortly after Plaintiff purchased an interest, the wells were closing down for almost a year, and the operation was never as profitable as it was prior to his investment. Plaintiff sought to rescind his obligations to the LLC, citing violations by Defendants under the Securities Exchange Act. Defendants countered that the investment was a personal offering that was exempt from the Act.
- 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.