SmartBrief
0
Confirm favorite deletion?
Business Organizations Keyed to Cox
Zahn v. Transamerica Corporation
Citation:
162 F.2d 36 (1947)Facts
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.
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
11m 27sTopic Outline 
Topic Refresher Course 
Topic Charts & Notes 