Legal Opinion

First Union National Bank v. Pictet Overseas Trust Corp.

Court of Appeals for the Eighth Circuit

Decided December 9, 2003No. 02-2467PublishedCited by 9 opinions

1Opinion of the Court

WOLLMAN, Circuit Judge.

Pictet Overseas Trust Corporation, Ltd., (Pictet), trustee of the Henrietta Y. Jones Trust (Jones Trust), appeals the district court’s ruling that Pictet’s counterclaims for breach of fiduciary duty and conversion were moot in light of the earlier entry of judgment in Pictet’s favor under Arkansas statutes furnishing appraisal rights to dissenting corporate shareholders. We reverse and remand for further proceedings.

I

The Jones Trust owned approximately six percent of First Land and Timber Corporation (FLT) when FLT proposed a corporate merger structured to shift…

2Cases cited17 opinions

  1. Friends of the Earth, Inc. v. Laidlaw Environmental Services (TOC), Inc.Supreme Court of the United States · 2000
  2. Powell v. McCormackSupreme Court of the United States · 1969
  3. Firefighters Local Union No. 1784 v. StottsSupreme Court of the United States · 1984
  4. Kathy Heisler v. Metropolitan CouncilCourt of Appeals for the Eighth Circuit · 2003
  5. Banco Nacional De Cuba, Plaintiff-Appellant-Cross-Appellee v. Chase Manhattan Bank, Defendant-Appellee-Cross-AppellantCourt of Appeals for the Second Circuit · 1981

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

3Cited by9 opinions

  1. Academy Bank, N.A. v. Amguard Insurance CompanyCourt of Appeals for the Eighth Circuit · 2024
  2. France v. Thermo Funding Co.District Court, S.D. New York · 2013
  3. First Union National Bank, as Trustee of the Southeast Timber Leasing Statutory Trust v. Pictet Overseas Trust Corp., Ltd., as Trustee of the Henrietta Y. Jones Trust, Pictet Overseas Trust Corp., Ltd., as Trustee of the Henrietta Y. Jones Trust, Counter Claimant/appellant v. First Union National Bank, as Trustee of the Southeast Timber Leasing Statutory Trust, CounterCourt of Appeals for the First Circuit · 2003
  4. Paris Limousine of Oklahoma, LLC v. Executive Coach Builders, Inc.Court of Appeals for the Eighth Circuit · 2017
  5. Howard v. Columbia Public School DistrictCourt of Appeals for the Eighth Circuit · 2004

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

Showing a preview — retrieve the full document via the Exa API.

Powered by the Exa API