Courtney v. Waring
California Court of Appeal
1Opinion of the Court
Opinion
WIENER, J.
This case involves the misfortunes of a company known as Tools-R-Us (TRU), which at one time franchised a number of retail hardware stores. Plaintiffs are a group of TRU franchisees who suffered financial losses when the company declared bankruptcy in 1980. This appeal concerns their attempts to hold certain corporate insiders and attorneys liable for the damages they incurred.
Factual and Procedural Background
Stephen J. Watson was the founder of TRU. In 1977, Watson retained defendant James T. Waring, an attorney, for the purpose of incorporating TRU. Waring also arranged for…
2Cases cited23 opinions
- Southland Corp. v. KeatingSupreme Court of the United States · 1984
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- Goodman v. KennedyCalifornia Supreme Court · 1976
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