Legal Opinion
Casali v. Schultz
Supreme Court of Arkansas
Decided July 6, 1987No. 87-29PublishedCited by 6 opinions
1Opinion of the Court
Robert H. Dudley, Justice.
The sole issue in this case is whether the sale of a unit in a partnership constituted the sale of a security within the meaning of the Arkansas Securities Act. We hold that the transaction constituted the sale of a security.
One of the appellees, Glenn R. Schultz, wanted to purchase an investment banking firm. His extensive financial background included a bachelor’s degree from Harvard University with majors in economics and banking, a law degree from Chicago Kent College of Law, experience with R. Roland, a New York Stock Exchange firm, and positions as head of the…
2Cases cited4 opinions
- John D. Williamson, Plaintiffs-Appellants-Cross v. Gordon G. Tucker, Defendants-Appellees-CrossCourt of Appeals for the Fifth Circuit · 1981
- State Ex Rel. Commissioner of Securities v. Hawaii Market Center, Inc.Hawaii Supreme Court · 1971
- Schultz v. Rector-Phillips-Morse, Inc.Supreme Court of Arkansas · 1977
- Graham v. KaneSupreme Court of Arkansas · 1979
3Cited by6 opinions
- First Financial Federal Savings & Loan Ass'n v. E.F. Hutton Mortgage Corp.Court of Appeals for the Eighth Circuit · 1987
- First Financial Federal Savings & Loan Association v. E.F. Hutton Mortgage CorporationCourt of Appeals for the First Circuit · 1987
- Casali v. SchultzSupreme Court of Arkansas · 1987
- Tung Chan, Securities Commissioner for the State of Colorado v. HEI Resources, Inc. f/k/a Heartland Energy, Inc. Charles Reed Cagle Brandon Davis Heartland Energy Development Corporation John Schiffner and JamesSupreme Court of Colorado · 2022
- Waters v. MillsapSupreme Court of Arkansas · 2015
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