Air Traffic & Service Corp. v. Fay
Court of Appeals for the D.C. Circuit
1Opinion of the Court
WASHINGTON, Circuit Judge.
This litigation arises from a falling out between the promoters of a new corporation.
On October 20, 1947, Edward A. J. Fay and Max Tendler signed a promoters’ agreement looking to the formation of a company to be called Fay Traffic and Service Corporation, which would render services to the transportation industry. One portion of the agreement recited:
“Edward A. J. Fay will contract with the corporation to act as General Manager and tariff consultant for a period of not less than one (1) year at an annual salary of Ten Thousand Dollars ($10,000.00), renewable from…
2Cases cited10 opinions
- Pepper v. LittonSupreme Court of the United States · 1939
- Lofland v. CahallSupreme Court of Delaware · 1922
- Finch v. Warrior Cement Corp.Court of Chancery of Delaware · 1928
- Mayflower Hotel Stockholders Protective Committee v. Mayflower Hotel Corp.Court of Appeals for the D.C. Circuit · 1951
- McArthur v. Times Printing Co.Supreme Court of Minnesota · 1892
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3Cited by5 opinions
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- Doctor's Associates, Inc. v. J & JB, Inc. (In re J & JB, Inc.)United States Bankruptcy Court, W.D. Pennsylvania · 1994