Legal Opinion

Foy v. Klapmeier

Court of Appeals for the Eighth Circuit

Decided May 3, 1993No. Nos. 92-1244, 92-1344 and 92-1811PublishedCited by 28 opinions

1Opinion of the Court

McMILLIAN, Circuit Judge.

Appellants James E. Klapmeier, JEK Industries, Inc. (JEK), Boatel Industries, Inc. (Boatel), and Klapmeier Management Co. appeal from a final judgment of the United States District Court for the District of Minnesota1 awarding appellee John T. Foy $240,000.00 as the fair value of his five percent shareholder interest in JEK and costs, attorney’s fees of $146,328.61, and prejudgment interest in the amount of $77,914.60. For reversal, appellants argue the district court erred in (1) failing to apply equitable doctrines to bar Foy’s equitable relief, (2) ordering…

2Cases cited5 opinions

  1. Salve Regina College v. RussellSupreme Court of the United States · 1991
  2. Johnson v. FrebergSupreme Court of Minnesota · 1929
  3. Rogers v. MasemCourt of Appeals for the Eighth Circuit · 1985
  4. MT Properties, Inc. v. CMC Real Estate Corp.Court of Appeals of Minnesota · 1992
  5. Tenant Affairs Board v. Samuel R. Pierce, Jr.Court of Appeals for the Eighth Circuit · 1982

3Cited by28 opinions

  1. PW Enterprises, Inc. v. North Dakota Racing CommissionCourt of Appeals for the Eighth Circuit · 2008
  2. 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
  3. In Re Oxford Development, Ltd., Debtor. C.T. Development Corporation v. Gary D. Barnes, Trustee Canterbury Trails Home Association Bank of OdessaCourt of Appeals for the Eighth Circuit · 1995
  4. Transclean Corp. v. Bridgewood Services, Inc.District Court, D. Minnesota · 1999
  5. Standley v. Chilhowee R-IV School DistrictCourt of Appeals for the Eighth Circuit · 1993

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