Estate of Jones Ex Rel. Blume v. Kvamme
Supreme Court of Minnesota
1Opinion of the Court
COYNE, Justice.
The plaintiff Lorraine J. Blume, personal representative of the estate of Emlyn Jones, and defendant J. Peder Kvamme, separately obtained further review of a court of appeals decision affirming the plaintiff’s award of $678,367.68 in re-scissionary damages offset by a $5,500 purchase price of stock, together with $46,000 in punitive damages, in this action for rescission of a stock transfer based upon fraud. 430 N.W.2d 188. We affirm in part and reverse in part.
In 1928, Cecil Jones formed Kato Engineering Company, a closely-held corporation engaged in the manufacture of…
2Cases cited15 opinions
- Weinberger v. UOP, Inc.Supreme Court of Delaware · 1983
- Mutual Life Insurance v. HillmonSupreme Court of the United States · 1892
- John B. Janigan v. Frederick B. TaylorCourt of Appeals for the First Circuit · 1965
- Murphy v. Country House, Inc.Supreme Court of Minnesota · 1976
- Lynch v. Vickers Energy Corp.Supreme Court of Delaware · 1981
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- Sanchez v. StateSupreme Court of Minnesota · 2012
- U.S. Bank N. A. v. Cold Spring Granite Co.Supreme Court of Minnesota · 2011
- American Computer Trust Leasing v. Jack Farrell Implement Co.District Court, D. Minnesota · 1991
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