SmartBrief
Confirm favorite deletion?
Corporations Keyed to Hazen
Ringling v. Ringling Bros.-Barnum & Bailey Combined Shows
Citation:
53 A.2d 441 (Del. 1947)Facts
Ringling and Haley entered into an agreement in 1941. The agreement recites that each party was the owner subject only to possible claims of creditors of the estates of Charles Ringling and Richard Ringling, respectively of 300 shares of the capital stock of defendant corporation. Mr. Loos mentioned in the agreement is an attorney and has represented both parties and before and after the voting trust was terminated in 1942, advised them with respect to the exercise of their voting rights. The parties desired to continue to act jointly in all matters relataing to their stock ownership. So long as the parties agree for whom or for what their shares shall be voted, the agreement provides no function for the arbitrator. Where the parties fail to agree upon a course of action, the agreement directs that the question in disagreement shall be submitted for arbitration to Mr. Loos as arbitrator and his decision shall be binding upon the parties.
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.
- 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.
Topic Resources
Topic Outline
Shareholders’ Rights