Confirm favorite deletion?
Business Organizations Keyed to Sjostrom
C.F. Trust, Inc. v. First Flight Limited Partnership
Citation:580 S.E.2d 806 (Va. 2003)
C.F. Trust and Atlantic Funding each hold commercial promissory notes endorsed and guaranteed by Peterson. C.F. Trust holds two notes in the total amount of $6,064,903.57. Not only Barrie Peterson, individually and as trustee, but also his wife, Nancy Peterson, endorsed and guaranteed both notes. C.F. Trust notified the Petersons of their default on the notes on August 1995. A circuit court in Virginia then entered judgment in favor of C.F. Trust. On November 1999, having still received no payment on the judgments, C.F. Trust and Atlantic Funding initiated this action against the Petersons as well as their entities, including First Flight. C.F. Trust and Atlantic Funding alleged that Peterson still owed the judgments and sought a declaration that each of the other defendants was Peterson’s alter ego and therefore liable on the judgments.
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.
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.