Legal Opinion
Chem-Age Industries, Inc. v. Glover
South Dakota Supreme Court
Decided October 2, 2002No. NonePublishedCited by 111 opinions
1Opinion of the Court
*761KONENKAMP, Justice.
[¶ 1.] We are confronted with the question whether a lawyer who incorporates a business on behalf of an individual client owes any duty of care to the corporation thus created and to its director-investors who have no contractual relationship with the lawyer. While obtaining substantial funds and credit from two investors, the client had his attorney incorporate a business, naming the two investors as incorpo-rators and directors. Then the client misappropriated the investors’ funds and gave some money and property to the lawyer. The investors and the corporation sued the…
2Cases cited61 opinions
- Anderson v. Liberty Lobby, Inc.Supreme Court of the United States · 1986
- Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
- Central Bank of Denver, N. A. v. First Interstate Bank of Denver, N. A.Supreme Court of the United States · 1994
- Savings Bank v. WardSupreme Court of the United States · 1880
- Goodman v. KennedyCalifornia Supreme Court · 1976
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3Cited by111 opinions
- Neilson v. Union Bank of California, N.A.District Court, C.D. California · 2003
- Bordeaux v. Shannon County SchoolsSouth Dakota Supreme Court · 2005
- Hamilton v. SommersSouth Dakota Supreme Court · 2014
- Federal Express Corporation v. U.S. Department of CommerceCourt of Appeals for the D.C. Circuit · 2022
- El Camino Resources, Ltd. v. Huntington National BankDistrict Court, W.D. Michigan · 2010
106 more not listed; retrieve them via the Exa API.