Confirm favorite deletion?
Business Organizations Keyed to Cox
Essex Universal Corp. v. Yates
Citation:305 F.2d 572 (1962)
Defendant Herbert J. Yates was president and chairman of the board of directors of Republic Pictures Corporation, which had 2,004,190 shares of common stock outstanding. In August 1957, Essex Universal Corporation learned of the possibility of purchasing from Yates an interest in Republic. Negotiations proceeded rapidly and the president of Essex signed a contract in which Essex agreed to buy and Yates agreed to sell at least 500,000 shares of Republic stock. The price was set at eight dollars a share, roughly two dollars above the then market price on the Exchange. On September 18, the parties met as arranged for the closing. However, Yates rejected the tender as unsatisfactory and said that there can be no deal.
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.