Legal Opinion
Integrated Resources Equity Corp. v. Fairbanks North Star Borough
Alaska Supreme Court
Decided September 7, 1990No. S-2936, S-3058, S-3115 and S-3144PublishedCited by 21 opinions
1Opinion of the Court
OPINION
MATTHEWS, Chief Justice.
FACTS COMMON TO ALL CASES
The Fairbanks North Star Borough desired to make a short-term investment of some 20.3 million dollars. The Borough issued an invitation for investment bids limiting investments to “time certificates of deposit; and bonds, notes and other obligations of the federal or state governments.” Integrated Resources Equity Corporation, a stock brokerage firm, responded to the invitation by offering shares in the Lord Abbett U.S. Government Fund, a mutual fund which invests solely in U.S. government obligations.
At the bid opening on May 14, 1986,…
2Cases cited10 opinions
- Breck v. UlmerAlaska Supreme Court · 1987
- Kenai Lumber Co., Inc. v. LeRescheAlaska Supreme Court · 1982
- Moses v. McGarveyAlaska Supreme Court · 1980
- Alaska State Housing Authoarity v. Riley Pleas, Inc.Alaska Supreme Court · 1978
- Janet Karpovs, Individually and as Personal Representative of Juris A. Karpovs, Deceased v. State of MississippiCourt of Appeals for the Fifth Circuit · 1981
5 more not listed; retrieve them via the Exa API.
3Cited by21 opinions
- Power Constructors, Inc. v. Taylor & HintzeAlaska Supreme Court · 1998
- Brady v. StateAlaska Supreme Court · 1998
- City of Fairbanks v. RiceAlaska Supreme Court · 2000
- Bishop v. Municipality of AnchorageAlaska Supreme Court · 1995
- Zeilinger v. SOHIO Alaska Petroleum Co.Alaska Supreme Court · 1992
16 more not listed; retrieve them via the Exa API.