Legal Opinion
Molina v. Largosa
Hawaii Supreme Court
Decided January 23, 1970No. 4849PublishedCited by 6 opinions
1Opinion of the Court
OPINION OF THE COURT BY
WONG, CIRCUIT J.UDGE.
Plaintiff bought stock in a newly formed corporation which failed. He sued the promoter of the corporation seeking to recover his investment. The trial court held that the promoter of the corporation was not personally liable. We affirm.
*508On April 15, 1963, plaintiff Henry Molina attended a meeting to discuss the formation of a corporation, Direct Selling Corporation, of Hawaii. The corporation was to engage in selling stereo equipment under the trade name “Specialties Unlimited.” The promoter of the corporation, defendant Rudy Largosa, was already…
2Cases cited9 opinions
- Buffalo Jamestown Railroad Co. v. . GiffordNew York Court of Appeals · 1882
- Hawley v. UptonSupreme Court of the United States · 1880
- Johnson v. HulseCalifornia Court of Appeal · 1927
- Marconi's Wireless Telegraph Co. v. CrossHawaii Supreme Court · 1905
- State v. RobinsonHawaii Supreme Court · 1968
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3Cited by6 opinions
- M/V La Conte, Inc. v. LeisureCourt of Appeals of Washington · 1989
- Demond v. University of HawaiiHawaii Supreme Court · 1972
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- James E. Klapmeier, Jack Dekker, Zaven A. Dadekian, and David S. Wilbourn, as Assignees of Telecheck International, Inc. v. Harry M. FlaggCourt of Appeals for the Ninth Circuit · 1982
- Brooks v. Land Drilling Co.District Court, D. Colorado · 1983
1 more not listed; retrieve them via the Exa API.