Legal Opinion
Birbara v. Locke
Court of Appeals for the First Circuit
Decided November 7, 1996No. 96-1530PublishedCited by 63 opinions
1Opinion of the Court
LYNCH, Circuit Judge.
Two sophisticated investors bought computer-lease tax shelters. The 1986 revisions to the Tax Code undercut the economic rationale for such tax shelters. As a result, the seller of the shelters, Technology Finance Group (“TFG”), later became insolvent and violated its investment contracts. A public company, Creative Resources, Inc. (“CRI”), acquired control of TFG, poured in money and attempted, unsuccessfully, to salvage the company. The two investors, plaintiffs here, sued TFG, its hew parent and two individuals, officers of the parent, inter alia, for TFG’s breach of…
2Cases cited18 opinions
- My Bread Baking Co. v. Cumberland Farms, Inc.Massachusetts Supreme Judicial Court · 1968
- Norton Ex Rel. Chiles v. MathewsSupreme Court of the United States · 1976
- Commonwealth v. Beneficial Finance CompanyMassachusetts Supreme Judicial Court · 1971
- Sandra Conway v. Electro Switch Corp., Sandra Conway v. Electro Switch Corp.Court of Appeals for the First Circuit · 1987
- Pepsi-Cola Metropolitan Bottling Company, Inc. v. Checkers, Inc.Court of Appeals for the First Circuit · 1985
13 more not listed; retrieve them via the Exa API.
3Cited by63 opinions
- Platten v. HG Bermuda Exempted Ltd.Court of Appeals for the First Circuit · 2006
- George F. Noonan and Ann Marie Noonan v. The Winston CompanyCourt of Appeals for the First Circuit · 1998
- United States v. Swiss American Bank, Ltd.Court of Appeals for the First Circuit · 1999
- Aoki v. Atto Corp. (In Re Aoki)Bankruptcy Appellate Panel of the First Circuit · 2005
- Mercado-Boneta v. Administracion Del Fondo De Compensacion Al Paciente Ex Rel. Insurance CommissionerCourt of Appeals for the First Circuit · 1997
58 more not listed; retrieve them via the Exa API.