SmartBrief
Confirm favorite deletion?
Business Associations Keyed to Epstein, 5th Ed.
Zidell v. Zidell, Inc.
Citation:
277 Or. 423, 560 P.2d 1086 (1977)Facts
The Zidell family business began as a partnership and evolved into four closely-held corporations engaged in scrapping ships, building barges, trading scrap metal, and marketing industrial valves. Originally, ownership was divided among family members with Arnold and Emery Zidell each holding 37.5% and Jack Rosenfeld holding 25%. In 1972, Rosenfeld sold his shares to Jay Zidell (Emery’s son), giving Emery and Jay majority control. Friction developed between Arnold and Emery, culminating in Arnold’s resignation in 1973 after his salary increase request was denied. Prior to Arnold’s departure, the corporations typically retained earnings rather than declaring dividends since all major shareholders were employed by the companies and received adequate salaries. After resigning, Arnold demanded reasonable dividends. The corporations declared modest dividends for 1973, which Arnold claimed were unreasonably small and not set in good faith, especially as corporate salaries and bonuses increased substantially around the same time.
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.