Legal Opinion
Tschetter v. Berven
South Dakota Supreme Court
Decided January 17, 2001No. NonePublishedCited by 5 opinions
1Opinion of the CourtSabers, Justice
[¶ 1.] Marvie and Kim Tschetter, Clarence and Goldie Tschetter (Tschetters) purchased units from Venerts Investment, Inc., James Berven, and William Folkerts (Venerts) in Huron Kitchen LLC, a limited liability company, (Huron LLC) the entity which would construct and own a Country Kitchen restaurant. Tschetters claimed that: 1.) these units constitute securities under South Dakota law, and that: 2.) Venerts breached their duty in failing to assess the suitability of Tschetters for investment in Huron LLC. The trial court denied Tschetters’ motions for summary judgment and granted judgment to…
2Cases cited17 opinions
- John D. Williamson, Plaintiffs-Appellants-Cross v. Gordon G. Tucker, Defendants-Appellees-CrossCourt of Appeals for the Fifth Circuit · 1981
- Securities and Exchange Commission v. W. J. Howey Co.Supreme Court of the United States · 1946
- United Housing Foundation, Inc. v. FormanSupreme Court of the United States · 1975
- Fed. Sec. L. Rep. P 93,748 Securities and Exchange Commission v. Glenn W. Turner Enterprises, Inc.Court of Appeals for the Ninth Circuit · 1973
- Rivanna Trawlers Unlimited v. Thompson Trawlers, Inc.Court of Appeals for the Fourth Circuit · 1988
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3Cited by5 opinions
- Mathews v. Cassidy Turley Maryland, Inc.Court of Appeals of Maryland · 2013
- Ak's Daks Communications, Inc. v. Maryland Securities DivisionCourt of Special Appeals of Maryland · 2001
- State v. FIFTEEN IMPOUNDED CATSSouth Dakota Supreme Court · 2010
- State v. FIFTEEN IMPOUNDED CATSSouth Dakota Supreme Court · 2010
- Tschetter v. BervenSouth Dakota Supreme Court · 2001