Legal Opinion
Potter v. American Bean & Grain Corp.
Court of Appeals of Minnesota
Decided June 3, 1986No. Nos. C7-85-2069, C8-85-2162 and C9-85-2008PublishedCited by 3 opinions
1Opinion of the Court
OPINION
WOZNIAK, Judge.
Appellants question a special verdict in which the jury found that there was a $1,038,965 misrepresentation of assets; that the misrepresentation was material; that appellants relied on the misrepresentation; but that no damages resulted from the misrepresentation. We remand for a new trial.
FACTS
Daniel Potter was the owner of 200 shares of stock of Midwest Bean Co., representing one-third of the total ownership interest. The other 400 shares were owned by Lee Allen and Earl Raske. In March 1983, Potter sold his 200 shares, and Raske and Allen each sold 53 shares to…
2Cases cited6 opinions
- Conover v. Northern States Power Co.Supreme Court of Minnesota · 1981
- Reese v. HenkeSupreme Court of Minnesota · 1967
- Siemers v. United Benefit Life InsuranceSupreme Court of Minnesota · 1956
- Gardner v. GermainSupreme Court of Minnesota · 1962
- Bellon v. KlawitterSupreme Court of Minnesota · 1982
1 more not listed; retrieve them via the Exa API.
3Cited by3 opinions
- State Bank of Cokato v. ZiehweinCourt of Appeals of Minnesota · 1994
- Manor Care Inc. v. Tom DouglasWest Virginia Supreme Court · 2014
- Manor Care Inc. v. Tom DouglasWest Virginia Supreme Court · 2014