Legal Opinion
Shedd v. Lamb
South Dakota Supreme Court
Decided September 4, 1996No. NonePublishedCited by 27 opinions
1Opinion of the Court
AMUNDSON, Justice.
[¶ 1] Marilyn L. Shedd and L. James Shedd (Shedds) appeal the trial court’s determination that they must pay Larry A. Lamb (Lamb) $300,000 to equitably adjust the parties’ dispute. Lamb appeals the trial court’s order of rescission. We reverse and remand the order granting rescission.
FACTS AND PROCEDURAL HISTORY
[¶ 2] Shedds have owned and operated Shedd Jewelry in Deadwood since 1975. At the time this cause of action came to fruition, the jewelry business was delinquent on bills owed to jewelry suppliers in the amount of $330,000. In addition, Shedds had personal financial…
2Cases cited8 opinions
- Jasper v. SmithSouth Dakota Supreme Court · 1995
- Cordell v. Codington CountySouth Dakota Supreme Court · 1994
- Insurance Agents, Inc. v. ZimmermanSouth Dakota Supreme Court · 1986
- Nielsen v. McCabeSouth Dakota Supreme Court · 1989
- Knudsen v. JensenSouth Dakota Supreme Court · 1994
3 more not listed; retrieve them via the Exa API.
3Cited by27 opinions
- Prairie Lakes Health Care System, Inc. v. WookeySouth Dakota Supreme Court · 1998
- Himrich v. CarpenterSouth Dakota Supreme Court · 1997
- Talley v. TalleySouth Dakota Supreme Court · 1997
- Knodel v. Kassel TownshipSouth Dakota Supreme Court · 1998
- Harksen v. PeskaSouth Dakota Supreme Court · 2001
22 more not listed; retrieve them via the Exa API.