Gregg v. U.S. Industries, Inc.
Court of Appeals for the Eleventh Circuit
1Opinion of the Court
FAY, Circuit Judge:
This action involves an appeal and cross-appeal from a second jury verdict in this case. In 1969, the plaintiff-appellee, cross-appellant, F. Browne Gregg sold several of his businesses engaged in construction, sand mining and design of dredging equipment to the defendant-appellant, cross-ap-pellee, U.S. Industries, Inc. (“USI”). According to the agreement reached with USI, Gregg transferred his companies to USI for $3.5 million in USI stock, with the right to receive up to $6.5 million more in USI stock (“earn-out stock”) if the former Gregg companies met specified…
2Cases cited55 opinions
- Larry Bonner v. City of Prichard, AlabamaCourt of Appeals for the Eleventh Circuit · 1981
- Klaxon Co. v. Stentor Electric Manufacturing Co.Supreme Court of the United States · 1941
- The Boeing Company v. Daniel C. ShipmanCourt of Appeals for the Fifth Circuit · 1969
- McDonough Power Equipment, Inc. v. GreenwoodSupreme Court of the United States · 1984
- Gene Miller v. Universal City Studios, Inc.Court of Appeals for the Fifth Circuit · 1981
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3Cited by19 opinions
- Woodrow W. Dawahare v. Adam A. Spencer Dean Witter Reynolds, Inc. Smith Barney, Inc.Court of Appeals for the Sixth Circuit · 2000
- Ansley v. HeinrichCourt of Appeals for the Eleventh Circuit · 1991
- Coghlan v. Wellcraft Marine Corp.Court of Appeals for the Fifth Circuit · 2001
- Marjetta Wilkinson v. Carnival Cruise Lines, Inc.Court of Appeals for the Eleventh Circuit · 1991
- Negron v. City of Miami Beach, FLCourt of Appeals for the Eleventh Circuit · 1997
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