Legal Opinion
Dennis Frandsen v. Jensen-Sundquist Agency, Inc. And First Wisconsin Corporation
Court of Appeals for the First Circuit
Decided October 1, 1986No. 85-2622, 85-2293 and 85-3190PublishedCited by 35 opinions
1Opinion of the Court
POSNER, Circuit Judge.
The appeals in this diversity suit require us to consider issues of Wisconsin contract and tort law in the setting of a dispute over the rights of a minority shareholder in a closely held corporation. The facts are as follows. In 1975 Walter Jensen owned all the stock of Jensen-Sundquist Agency, Inc., a holding company whose principal asset was a majority of the stock of the First Bank of Grantsburg; Jensen-Sundquist also owned a small insurance company. That year Jensen sold 52 percent of his stock in the holding company to members of his family — the “majority bloc,”…
2Cases cited24 opinions
- Fed. Sec. L. Rep. P 97,956 David Broad v. Rockwell International CorporationCourt of Appeals for the Fifth Circuit · 1981
- Moran v. Household International, Inc.Supreme Court of Delaware · 1985
- Raymond Leannais and Catherine Leannais v. Cincinnati, Incorporated and Cincinnati-Forte Company and Liberty Mutual Insurance CompanyCourt of Appeals for the Seventh Circuit · 1977
- Moran v. Household International, Inc.Court of Chancery of Delaware · 1985
- Pleasure Time, Inc. v. KussWisconsin Supreme Court · 1977
19 more not listed; retrieve them via the Exa API.
3Cited by35 opinions
- Tenneco Inc. v. Enterprise Products Co.Texas Supreme Court · 1996
- Curtis 1000, Incorporated v. Roy H. Suess and American Business Forms, IncorporatedCourt of Appeals for the Seventh Circuit · 1994
- Speakers of Sport, Inc. v. Proserv, Inc.Court of Appeals for the Seventh Circuit · 1999
- John M. Shank, Jr., and Access International Markets, Ltd. v. William R. Hague, Inc.Court of Appeals for the Seventh Circuit · 1999
- Olympia Hotels Corp. v. Johnson Wax Development Corp.Court of Appeals for the Seventh Circuit · 1990
30 more not listed; retrieve them via the Exa API.