Legal Opinion
ESTATE OF JONES BY BLUME v. Kvamme
Court of Appeals of Minnesota
Decided December 1, 1988No. C9-87-2367PublishedCited by 13 opinions
1Opinion of the Court
OPINION
HUSPENI, Judge.
Lorraine Blume brought this rescission action in February 1982 alleging that Peder Kvamme defrauded her late husband, Em-lyn Jones, by personally purchasing his 11 shares of Kato Engineering stock for $5,500 while representing that the stock could only be sold back to the corporation as treasury stock. Blume also sought a constructive trust on the proceeds of the stock, which Kvamme had transferred to his children.
The trial court bifurcated the two actions, leaving the constructive trust issue for a subsequent trial. A jury trial was held on the fraud claim, and by…
2Cases cited31 opinions
- John B. Janigan v. Frederick B. TaylorCourt of Appeals for the First Circuit · 1965
- Leeke v. GordonSupreme Court of the United States · 1978
- Nelson v. SerwoldCourt of Appeals for the Ninth Circuit · 1978
- Murphy v. Country House, Inc.Supreme Court of Minnesota · 1976
- Hauenstein v. Loctite Corp.Supreme Court of Minnesota · 1984
26 more not listed; retrieve them via the Exa API.
3Cited by13 opinions
- American Computer Trust Leasing v. Jack Farrell Implement Co.District Court, D. Minnesota · 1991
- Grozdanich v. Leisure Hills Health Center, Inc.District Court, D. Minnesota · 1998
- Estate of Jones Ex Rel. Blume v. KvammeSupreme Court of Minnesota · 1989
- Holmes v. CouturierSouth Dakota Supreme Court · 1990
- Northstar Industries, Inc. v. Merrill Lynch & Co.Court of Appeals for the Eighth Circuit · 2009
8 more not listed; retrieve them via the Exa API.