Legal Opinion

Midwest Management Corp. v. Stephens

Supreme Court of Iowa

Decided April 23, 1980No. 62062PublishedCited by 42 opinions

1Opinion of the Court

UHLENHOPP, Justice.

This appeal requires us to decide whether the trial court properly sustained the defendants’ motions for summary judgment in an action for breach of contract based on defendants’ failure to perform their part of a stock subscription agreement. We consider both the Iowa and federal law of securities as well as the common law of contracts.

Plaintiff Midwest Management Corporation is an Iowa corporation organized in June 1969. Initially it was an insurer operating through its wholly-owned subsidiary, American Sterling Life Insurance Company. Defendant Morris Stephens (Stephens)…

2Cases cited64 opinions

  1. Ernst & Ernst v. HochfelderSupreme Court of the United States · 1976
  2. Securities & Exchange Commission v. Ralston Purina Co.Supreme Court of the United States · 1953
  3. Lakota Girl Scout Council, Inc. v. Havey Fund-Raising Management, Inc., and Francis P. HaveyCourt of Appeals for the Eighth Circuit · 1975
  4. Meyer v. NottgerSupreme Court of Iowa · 1976
  5. Brody v. RubySupreme Court of Iowa · 1978

59 more not listed; retrieve them via the Exa API.

3Cited by42 opinions

  1. State v. DyessWisconsin Supreme Court · 1985
  2. Resource Management Co. v. Weston RanchUtah Supreme Court · 1985
  3. Tralon Corp. v. Cedarapids, Inc.District Court, N.D. Iowa · 1997
  4. Iowa Fuel & Minerals, Inc. v. Iowa State Board of RegentsSupreme Court of Iowa · 1991
  5. Robinson v. Perpetual Services Corp.Supreme Court of Iowa · 1987

37 more not listed; retrieve them via the Exa API.

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