Legal Opinion

Hayden v. McDonald

Court of Appeals for the Eighth Circuit

Decided August 28, 1984No. 84-5003PublishedCited by 16 opinions

1Opinion of the Court

HEANEY, Circuit Judge.

The defendants — Orison F. “Mack” McDonald, II (d/b/a Ole Chaparral), Orison F. McDonald, and McDonald Investments, Inc. —appeal from a district court order granting summary judgment in this state securities law action in favor of fifty-six individuals who purchased undivided working interests in various oil and gas leases from the defendants. The defendants assert, inter alia, that the district court erred in classifying these interests as securities under the Minnesota Blue Sky Act, Minn.Stat. Ann. §§ 80A.01-.31 (West Supp.1984), and in deciding that various…

2Cases cited35 opinions

  1. Securities and Exchange Commission v. W. J. Howey Co.Supreme Court of the United States · 1946
  2. Securities & Exchange Commission v. C. M. Joiner Leasing Corp.Supreme Court of the United States · 1943
  3. Fed. Sec. L. Rep. P 97,588 Securities and Exchange Commission v. Stephen MurphyCourt of Appeals for the Ninth Circuit · 1980
  4. Buller v. BuechlerCourt of Appeals for the Eighth Circuit · 1983
  5. Burgess v. Premier Corp.Court of Appeals for the Ninth Circuit · 1984

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3Cited by16 opinions

  1. Connecticut National Bank v. GiacomiSupreme Court of Connecticut · 1997
  2. Bresson v. Thomson McKinnon Securities, Inc.District Court, S.D. New York · 1986
  3. Caviness v. Derand Resources Corp.Court of Appeals for the Fourth Circuit · 1993
  4. Nielsen v. Professional Financial Management, Ltd.District Court, D. Minnesota · 1987
  5. Official Committee of Disputed Litigation Creditors v. McDonald Investment, Inc.District Court, N.D. Texas · 1984

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