Legal Opinion
Society National Bank, a National Banking Association v. Parsow Partnership, Ltd., a Nebraska Limited Partnership Alan S. Parsow
Court of Appeals for the Eighth Circuit
Decided August 11, 1997No. 96-3695PublishedCited by 6 opinions
1Opinion of the Court
BOWMAN, Circuit Judge.
Society National Bank (“Society”) served as the subscription and distribution agent in connection with a securities offering. In the course of the offering, Society mistakenly issued 28,750 shares and warrants to Alan Parsow and his investment partnership, Par-sow Partnership, Ltd. (collectively “Parsow”), who, in turn, paid the subscription price of $230,000 for these securities. Based on a determination of mutual mistake, the District Court 1 rescinded the transaction and ordered Parsow to return the securities and Society to refund the purchase price. Additionally,…
2Cases cited9 opinions
- Kracl v. LosekeNebraska Supreme Court · 1990
- Newton v. BrownNebraska Supreme Court · 1986
- Welch v. WelchNebraska Supreme Court · 1994
- Haumont v. Security State BankNebraska Supreme Court · 1985
- Priest v. PriestNebraska Supreme Court · 1996
4 more not listed; retrieve them via the Exa API.
3Cited by6 opinions
- Lincoln Benefit Life Company, Nebraska Domestic Insurance Corporation, Appellant/cross-Appellee v. Robert R. Edwards, Appellee/cross-AppellantCourt of Appeals for the Eighth Circuit · 2001
- Lincoln Benefit Life Co. v. EdwardsDistrict Court, D. Nebraska · 1999
- Lincoln Benefit Life v. James WilsonCourt of Appeals for the Eighth Circuit · 2018
- Lincoln Benefit Life Company, Nebraska Domestic Insurance Corporation, Appellant/cross-Appellee v. Robert R. Edwards, Appellee/cross-AppellantCourt of Appeals for the Eighth Circuit · 2001
- Lincoln Benefit Life v. James WilsonCourt of Appeals for the Eighth Circuit · 2018
1 more not listed; retrieve them via the Exa API.