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Corporations Keyed to Hazen
Hartman v. BigInch Fabricators & Construction Holding Co.
Citation:148 N.E.32 1017 (Ind. Ct. App. 2020)
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- 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:
On March 1, 2006, the shareholders of the corporate predecessor to the company entered into a shareholder agreement that included the obligations of the shareholders. It required the company to purchase the shares of any shareholder who is involuntarily terminated as an officer or director of the company. Pursuant to the shareholder agreement, this purchase must be made at appraised market value on the last day of the year preceding the valuation, determined in accordance with generally accepted accounting principles by a third-party valuation company. In March 2018, Hartman was involuntarily terminated from his position as a director and officer at the company, triggering the required purchase provisions in the shareholder agreement. To company with his terms, the company retained Wonch Valuation Advisors to appraise the value of Hartman’s shares. Wonch’s report valued Hartman’s 8,884 shares at $3,526,060.
- 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.
- The Brief Prologue closes the case brief with important forward-looking discussion and includes:
- Policy: Identifies the Policy if any that has been established by the case.
- Court Direction: Shares where the Court went from here for this case.