Legal Opinion
Casali v. Schultz
Supreme Court of Arkansas
Decided July 6, 1987No. 87-29Published
1Opinion of the Court
732 S.W.2d 836 (1987)
292 Ark. 602
Robert E. CASALI, Appellant,
v.
Glenn R. SCHULTZ and J.A. McEntire, III, Appellees.
No. 87-29.
Supreme Court of Arkansas.
July 6, 1987.
Davidson Law Firm by Charles Darwin Davidson, Little Rock, for appellant.
Ralph Cloar, Jr., Hilburn, Bethune, Calhoon, Harper & Pruniski by Jack Pruniski, North Little Rock, for appellees.
DUDLEY, Justice.
The sole issue in this case is whether the sale of a unit in a partnership constituted the sale of a security within the meaning of the Arkansas Securities Act. We hold that the transaction constituted the sale of a security.
One of…
Also in this document: Dissent.
2Cases cited6 opinions
- John D. Williamson, Plaintiffs-Appellants-Cross v. Gordon G. Tucker, Defendants-Appellees-CrossCourt of Appeals for the Fifth Circuit · 1981
- State Ex Rel. Commissioner of Securities v. Hawaii Market Center, Inc.Hawaii Supreme Court · 1971
- Schultz v. Rector-Phillips-Morse, Inc.Supreme Court of Arkansas · 1977
- Taylor v. RichardsonSupreme Court of Arkansas · 1979
- Graham v. KaneSupreme Court of Arkansas · 1979
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