Legal Opinion

Bowen v. Carlsbad Insurance & Real Estate, Inc.

New Mexico Supreme Court

Decided August 27, 1986No. 15797PublishedCited by 14 opinions

1Opinion of the Court

OPINION

SOSA, Senior Justice.

This case involves a controversy concerning a contract for the sale of an insurance business. On or about January 25, 1980, Plaintiff James W. Bowen (Bowen) entered into a stock purchase agreement with Defendant Carlsbad Insurance and Real Estate (Carlsbad), whereby Carlsbad was to redeem all of Bowen’s stock for a total purchase price of $796,751. Bowen was the president and majority shareholder of Carlsbad, a New Mexico corporation, having its principal place of business in Carlsbad, New Mexico. Bowen owned ninety percent of the outstanding stock. The total…

2Cases cited18 opinions

  1. Bauer v. SawyerIllinois Supreme Court · 1956
  2. Wirth & Hamid Fair Booking, Inc. v. WirthNew York Court of Appeals · 1934
  3. Alabama Binder & Chemical Corp. v. Pennsylvania Industrial Chemical Corp.Supreme Court of Pennsylvania · 1963
  4. Meissel v. FinleySupreme Court of Virginia · 1956
  5. Insurance Center, Inc. v. HamiltonSupreme Court of Georgia · 1963

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

3Cited by14 opinions

  1. Insure New Mexico, LLC v. McGonigleNew Mexico Court of Appeals · 2000
  2. Cafeteria Operators, L.P. v. Coronado-Santa Fe AssociatesNew Mexico Court of Appeals · 1997
  3. Fogle v. ShahIndiana Court of Appeals · 1989
  4. Campbell v. Millennium Ventures, LLCNew Mexico Court of Appeals · 2002
  5. KidsKare v. MannNew Mexico Court of Appeals · 2015

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

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