Legal Opinion
ALA, Inc. v. CCAIR, Inc.
Court of Appeals for the Third Circuit
Decided July 7, 1994No. 93-5688UnknownCited by 1 opinion
1Opinion of the Court
OPINION OF THE COURT
BECKER, Circuit Judge.
This appeal requires us to construe the statute of frauds governing the sale of securities under Article 8 of the Uniform Commercial Code (“U.C.C.”) as enacted by New Jersey and North Carolina, the two jurisdictions relevant to this dispute. The question presented is whether the district court, pursuant to Federal Rule of Civil Procedure 12(b)(6), properly dismissed the claim of plaintiff ALA, Inc. (“ALA”) that defendant CCAIR, Inc. (“CCAIR”) was in breach of an alleged agreement to sell ALA a controlling block of its common stock on the ground that…
2Cases cited24 opinions
- Anderson v. Liberty Lobby, Inc.Supreme Court of the United States · 1986
- Conley v. GibsonSupreme Court of the United States · 1957
- Hishon v. King & SpaldingSupreme Court of the United States · 1984
- Pension Benefit Guaranty Corporation v. White Consolidated Industries, Inc., C/o Ct Corporation Systems Registered AgentCourt of Appeals for the Third Circuit · 1993
- Nishimatsu Construction Co., Ltd. v. Houston National Bank, Defendant-Third Party v. Jack D. Baize, Third PartyCourt of Appeals for the Third Circuit · 1975
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3Cited by1 opinion
- Ala, Inc. v. Ccair, Inc.Court of Appeals for the Third Circuit · 1994