Securities Regulation Keyed to Coffee
Securities and Exchange Commission v. Koscot Interplanetary, 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:
Koscot Interplanetary, Inc. organized a tri-level pyramid operation for the sale of cosmetics, the difference between each level being the amount of investment and amount of discounts on cosmetics sold to the lower tiers at a greater price. When a current investor brings in a new financier, they get a percentage of the amount the new investor pays to Koscot. Current investors beseeched potential investors to attend meetings where Koscot employees would read from scripts. Once a potential investor decided to invest, the promoting investor was not obligated to perform additional work. The district court found that the Koscot agreement did not involve a sale of investment contract and therefore refused to grant an injunction.
- 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.