Legal Opinion
Hi-Pro Fish Products, Inc. v. Robert Y. McClure
Court of Appeals for the Eighth Circuit
Decided July 15, 1965No. 17628_1PublishedCited by 4 opinions
1Opinion of the Court
HANSON, District Judge.
The plaintiffs in this action are creditors of the bankrupt corporation, Commodities, Inc. The defendant-appellee was the sole stockholder of Commodities, Inc., prior to its bankruptcy. The action was brought for fraud and negligence.1
The trial court found “overwhelming proof of the defendant’s negligence and mismanagement of Commodities, Inc., which ultimately resulted in the insolvency of the corporation.” The trial court found some of the elements of fraud but not all of them. The trial court, however, dismissed the action for negligence on the basis that the action…
2Cases cited6 opinions
- Foust v. Munson Steamship LinesSupreme Court of the United States · 1936
- Meyer v. FlemingSupreme Court of the United States · 1946
- Rounds & Porter Lumber Co. v. BurnsSupreme Court of Arkansas · 1949
- Henderson v. Rounds & Porter Lumber Co.District Court, W.D. Arkansas · 1951
- Hi-Pro Fish Products, Inc. v. McClureDistrict Court, E.D. Arkansas · 1963
1 more not listed; retrieve them via the Exa API.
3Cited by4 opinions
- Curtis v. VlothoSouth Dakota Supreme Court · 1981
- Petroleum Corporation of America v. ThorndalCourt of Appeals for the Eighth Circuit · 1969
- Hawaiian Investors v. ThorndalCourt of Appeals for the Eighth Circuit · 1969
- Hi-Pro Fish Products, Inc. v. Robert Y. McClureCourt of Appeals for the Eighth Circuit · 1965