Confirm favorite deletion?
Business Associations Keyed to Bainbridge
Young v. Jones
Citation:522 U.S. 928 (1997)
Plaintiffs are investors from Texas who deposited over a half-million dollars in a South Carolina bank and the funds have disappeared. PW-Bahamas issued an audit letter regarding the financial statement of Swiss American Fidelity and Insurance Guaranty. Plaintiffs aver that on the basis of that financial statement, they deposited $550,000 in a South Carolina bank. Other defendants allegedly sent the money from the South Carolina bank to SAFIG. The financial statement of SAFIG was falsified. The letterhead used for the SAFIG audit identified the Bahamian accounting firm only as “Price Waterhouse.” Plaintiffs assert that it was foreseeable to the accounting firm that issued the latter that third-parties would rely upon the financial statement. Plaintiffs assert that PW-Bahamas and PW-US operate as a partnership.
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.