Kemos, Inc. And Rohm and Haas Company v. I. Walton Bader
Court of Appeals for the Fifth Circuit
1Opinion of the Court
RONEY, Circuit Judge:
Plaintiffs brought these Georgia diversity suits in the district court seeking a declaratory judgment to resolve a claim that was being asserted against them by defendant under a stock option agreement. By summary judgment and dismissal of counterclaims, the district court held that defendant had no valid claim. We affirm.
The issues in the case revolve around a complete sale of assets by a corporation with which defendant had a stock option agreement. In 1973 Polaris Carpet Mills, Inc., for legal services, gave Attorney Bader an option to purchase 100,000 shares of…
2Cases cited3 opinions
- Carswell v. National Exchange BankSupreme Court of Georgia · 1927
- Mobley v. Hagedorn Construction Co.Supreme Court of Georgia · 1929
- Austin Co. v. Smith Co.Supreme Court of Georgia · 1912
3Cited by11 opinions
- Bud Antle, Inc. v. Eastern Foods, Inc.Court of Appeals for the Eleventh Circuit · 1985
- MacMillan Bloedel Limited and MacMillan Bloedel, Inc. v. The Flintkote CompanyCourt of Appeals for the Fifth Circuit · 1985
- Budd Tire Corp. v. Pierce Tire Co.Court of Appeals of North Carolina · 1988
- Engel v. Teleprompter Corp.Court of Appeals for the Fifth Circuit · 1983
- Morgan v. Cavalier Acquisition Corp.Court of Appeals of North Carolina · 1993
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