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Corporations Keyed to Hazen
Omnicare, Inc. v. Laborers District Council Construction Industry Pension Fund
Citation:575 U.S. 175 (2015)
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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:
This case arises out of a registration statement that petitioner Omnicare filed in connection with a public offering of common stock. Omnicare’s registration statement contained analysis of the effects of various federal and state laws on its business model. Two sentences in the registration statement expressed Omnicare’s view of its compliance with legal requirements: “We believe our contract arrangements with other healthcare provides are in compliance with applicable federal and state laws.” “We believe that our contracts with pharmaceutical manufacturers are legally and economically valid arrangements that bring value to the healthcare system and the patients that we serve.” Respondents here, pension funds that purchased Omnicare stock in the public offering, brought suit alleging that the company’s two opinion statements about legal compliance give rise to liability under the statute. The complaint alleges that Omnicare made materially false representations about legal compliance.
- 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.