Katun Corporation, a Minnesota Corporation v. Terence Michael Clarke, a Florida Citizen
Court of Appeals for the Eighth Circuit
1Opinion of the Court
MURPHY, Circuit Judge.
Appellant Katun Corporation (Katun) brought this breach of contract action against former shareholder Terence Michael Clarke after he refused to pay his share of a settlement agreement. That agreement had resolved claims asserted by Katun and its parent company PNA Holdings, LLC (PNA) against the previous owners of Katun. One of the settled claims had asserted indemnification for criminal penalties imposed on Katun, and Clarke moved to dismiss this case on grounds of public policy and in pari delicto. The district court granted his motion, and Katun appeals. We reverse.
Ka…
2Cases cited24 opinions
- Northwestern National Casualty Company of Milwaukee, Wisconsin v. Edward A. McNulty and Walter Scott SmithCourt of Appeals for the Fifth Circuit · 1962
- Abels v. Farmers Commodities Corp.Court of Appeals for the Eighth Circuit · 2001
- Feuer v. Menkes Feuer, Inc.Appellate Division of the Supreme Court of the State of New York · 1959
- Zerby v. WarrenSupreme Court of Minnesota · 1973
- Hentschel v. SmithSupreme Court of Minnesota · 1967
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