Legal Opinion

American Sharecom, Inc. v. LDB International Corp.

Court of Appeals of Minnesota

Decided August 13, 1996No. CX-96-411PublishedCited by 6 opinions

1Opinion of the Court

OPINION

HARVEY A. HOLTAN, Judge * .

After a judgment was paid and a notice of satisfaction filed, one party made a motion to set aside the judgment under Minn. R. Civ. P. 60.02, claiming the judgment was procured by fraud. The opposing party claims the district court has no jurisdiction to set aside a satisfied judgment. Without addressing the jurisdictional issue, the district court essentially denied that motion by setting a hearing on the merits. We reverse.

FACTS

This action arose from a squeeze-out merger involving appellant American Sharecom, Inc. (ASI), a reseller of long distance…

2Cases cited10 opinions

  1. Dorso Trailer Sales, Inc. v. American Body & Trailer, Inc.Supreme Court of Minnesota · 1992
  2. Boulevard Del, Inc. v. StillmanCourt of Appeals of Minnesota · 1984
  3. Burns v. ValeneSupreme Court of Minnesota · 1974
  4. Carmelo Candiano v. Moore-Mccormack Lines, Inc. v. John W. McGrath Corp., Third PartyCourt of Appeals for the Second Circuit · 1969
  5. Johnson v. JohnsonSupreme Court of Minnesota · 1955

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3Cited by6 opinions

  1. Popp Telcom, Formerly Known as Ldb International Corporation, Inc., Humbird Securities, Company Northern Securities, Company, Washington Sharecom, Inc. v. American Sharecom, Inc. Steven C. Simon James J. Weinert William J. King, Popp Telcom, Formerly Known as Ldb International Corporation, Inc., Humbird Securities, Company Northern Securities, Company, Washington Sharecom, Inc. v. American Sharecom, Inc. Steven C. Simon James J. Weinert William J. KingCourt of Appeals for the Eighth Circuit · 2000
  2. Smith v. Price Development Co.Utah Supreme Court · 2005
  3. Hanson v. WoolstonCourt of Appeals of Minnesota · 2005
  4. Popp Telecom, Inc. v. American Sharecom, Inc.Court of Appeals for the Eighth Circuit · 2004
  5. Humbird Securities v. American SharecomCourt of Appeals for the Eighth Circuit · 2000

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