Legal Opinion

Eye Associates, P.C. v. Incomrx Systems Limited Partnership

Court of Appeals for the Second Circuit

Decided August 15, 1990No. 1007, Docket 89-9164PublishedCited by 60 opinions

1Opinion of the Court

CARDAMONE, Circuit Judge:

We review on this appeal for the first time the Connecticut Business Opportunity Investment Act, Conn.Gen.Stat. § 36-503 et seq. (Act). A business opportunity often is nothing more than an occasion for an investor to experience disappointment. When the Connecticut legislature passed the Act it sought to protect its citizens from “business opportunities” such as “chain letter” types of franchises and “worm farm companies” that sell opportunities by convincing investors that — with a modest investment — they can make $200-$300 a week with little or no work. Joint…

2Cases cited5 opinions

  1. Anderson v. Liberty Lobby, Inc.Supreme Court of the United States · 1986
  2. Wards Company, Inc. v. Stamford Ridgeway Associates and Trim Fashions, Inc., Stamford Ridgeway AssociatesCourt of Appeals for the Second Circuit · 1985
  3. Kronholm v. KronholmConnecticut Appellate Court · 1988
  4. Long Island Airports Limousine Service Corp. v. Playboy-Elsinore AssociatesCourt of Appeals for the Second Circuit · 1984
  5. Petricca Construction Co. v. CommonwealthMassachusetts Appeals Court · 1982

3Cited by60 opinions

  1. Fariello v. CampbellDistrict Court, E.D. New York · 1994
  2. Com-Tech Associates v. Computer Associates International, Inc.District Court, E.D. New York · 1990
  3. Sackman v. Liggett Group, Inc.District Court, E.D. New York · 1996
  4. Boyce Thompson Institute for Plant Research, Inc. v. Insurance Co. of North AmericaDistrict Court, S.D. New York · 1990
  5. Krasnopolsky v. Warner-Lambert Co.District Court, E.D. New York · 1992

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