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Zahn v. Transamerica Corporation
Citation:162 F.2d 36 (1947)
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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.
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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:
Prior to April 30, 1943, Axton-Fisher had authorized outstanding three classes of stock, designated as preferred stock, Class A stock and Class B stock. On May 16, 1941, Transamerica purchased 80,160 shares of Axton-Fisher’s Class B stock. The amount of Class B stock owned by Transamerica had increased to 90,768 shares or about 80% of the total outstanding. Transamerica had control of and affairs of Axton-Fisher. In 1942, Axton-Fisher possessed as its principal asset leaf tobacco which had cost it about $6,361,981. The value of leaf tobacco had risen sharply and to quote the words of the complaint, unbeknown to the public holders of Class A common stock of Axton-Fisher, but known to Transamerica.
- 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.