Legal Opinion

Lane v. Peterson

Court of Appeals for the Eighth Circuit

Decided June 30, 1988No. Nos. 87-2073, 87-2366PublishedCited by 9 opinions

1Opinion of the Court

JOHN R. GIBSON, Circuit Judge.

Clift and Dorothy Lane, after serious business reversals and bankruptcy, transferred the stock in their several corporations to a panel established by their reorganization plan. The panel, John Peterson, Jr., Walter W. Minger and Edward H. Co-vell, sold the stock for $35 million less than one year after the transfer, and the Lanes filed this diversity action seeking to recover the stock or participate in the sale proceeds. Following a five-day bench trial, the district court1 denied all relief. On appeal, the Lanes argue that the district court erred in failing…

2Cases cited15 opinions

  1. Anderson v. City of Bessemer CitySupreme Court of the United States · 1985
  2. Ray Adduono, Charles L. Abrahams, (Non-Party) v. World Hockey AssociationCourt of Appeals for the Eighth Circuit · 1987
  3. Jackson v. Hartford Accident & Indemnity Co.Supreme Court of the United States · 1970
  4. Hindman v. O'ConnorSupreme Court of Arkansas · 1891
  5. Johnson v. UmstedCourt of Appeals for the Eighth Circuit · 1933

10 more not listed; retrieve them via the Exa API.

3Cited by9 opinions

  1. Lane v. PetersonCourt of Appeals for the Eighth Circuit · 1990
  2. Lane v. PetersonCourt of Appeals for the Eighth Circuit · 1990
  3. Lane v. SullivanCourt of Appeals for the Eighth Circuit · 1990
  4. Happy Chef Systems, Inc. v. John Hancock Mutual Life Insurance Company Cobstell Realty, Inc. And Westbrook Limited PartnershipCourt of Appeals for the Eighth Circuit · 1991
  5. In Re Clift C. Lane Dorothy P. Lane, Debtors. Clift C. Lane v. William B. SullivanCourt of Appeals for the Fourth Circuit · 1993

4 more not listed; retrieve them via the Exa API.

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