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Business Associations Keyed to Bainbridge
Francis v. United Jersey Bank
Citation:
432 A.2d 814 (1981)Only StudyBuddy Pro offers the complete Case Brief Anatomy*
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*Case Brief Anatomy includes: Brief Prologue, Complete Case Brief, Brief Epilogue
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- 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.
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- 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:
Pritchard & Baird Intermediaries Corp. was in the business of acting as a reinsurance broker. Lillian Pritchard had inherited a 48 percent interest in Pritchard & Baird from her husband. She was the largest single shareholder and a director. The remaining shares were owned by her sons, Charles and William, who also served as directors. Charles and William over the period of several years withdrew large sums of money from the corporation in the form of loans. The purported loans turned out to be misappropriations by the two sons. The trustee brought the suit against Mrs. Pritchard’s estate to recover the misappropriated amounts. Mrs. Pritchard was not active in the business of Pritchard & Baird and knew virtually nothing of its corporate affairs. After her husband died, she became incapacitated and died in 1978,
- 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.
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