Legal Opinion
Commercial Recycling Center, Ltd. v. Hobbs Industries, Inc.
Alaska Supreme Court
Decided April 9, 2010No. S-12616PublishedCited by 8 opinions
1Opinion of the Court
OPINION
FABE, Chief Justice.
I. INTRODUCTION
In 1996 the shareholders of Hobbs Industries, Inc. signed a buyout agreement under which James Cucullu and Gregory Tiplady sold their shares to Austin and Lori Hobbs. The Hobbses experienced difficulty fulfilling the terms of the buyout almost immediately. In 1998 Cucullu and Tiplady sent the Hobbs-es a letter declaring a rescission of the buyout agreement. Cuculli and Tiplady then sold their reclaimed shares in Hobbs Industries, Inc. to Commercial Recycling Center, Ltd. Commercial Recycling Center, Ltd. sued Austin and Lori Hobbs for an order…
2Cases cited15 opinions
- Alaska Plastics, Inc. v. CoppockAlaska Supreme Court · 1980
- Hall v. Add-Ventures, Ltd.Alaska Supreme Court · 1985
- Money v. MoneyAlaska Supreme Court · 1993
- Knaebel v. HeinerAlaska Supreme Court · 1983
- Inman v. Clyde Hall Drilling CompanyAlaska Supreme Court · 1962
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3Cited by8 opinions
- DA Realty Holdings, LLC v. Tennessee Land Consultants, LLCCourt of Appeals for the Eleventh Circuit · 2015
- Gold Dust Mines, Inc. v. Little Squaw Gold Mining Co.Alaska Supreme Court · 2012
- Laybourn v. City of WasillaAlaska Supreme Court · 2015
- Erkins v. Alaska Trustee, LLCAlaska Supreme Court · 2011
- Moffitt v. MoffittAlaska Supreme Court · 2014
3 more not listed; retrieve them via the Exa API.