Legal Opinion
Faircloth v. Finesod
Court of Appeals for the Fourth Circuit
Decided July 9, 1991No. 89-2788PublishedCited by 20 opinions
1Opinion of the Court
K.K. HALL, Circuit Judge:
Herman Finesod appeals a judgment in excess of $4.3 million for fraud, civil conspiracy, and RICO, entered against him after a jury trial. Finesod did not appear at the trial. Nonetheless, we find that a pretrial error requires a reversal in part.
I
This case arises from a tax avoidance scheme. Appellant Herman Finesod is a promoter of tax shelters. In late 1979, a Finesod-controlled company, Jackie Fine Arts, Inc.,1 sold Jiles Lynch a Picasso “art master.” An “art master” is a copy of a famous painting from which prints, posters, and the like can be made. Along with…
2Cases cited24 opinions
- Reed v. ReedSupreme Court of the United States · 1971
- City of New Orleans v. DukesSupreme Court of the United States · 1976
- Shearson/American Express Inc. v. McMahonSupreme Court of the United States · 1987
- Vance v. BradleySupreme Court of the United States · 1979
- New York State Club Assn., Inc. v. City of New YorkSupreme Court of the United States · 1988
19 more not listed; retrieve them via the Exa API.
3Cited by20 opinions
- Innes v. Howell Corp.Court of Appeals for the Sixth Circuit · 1996
- First American Corp. v. Al-NahyanDistrict Court, District of Columbia · 1996
- In Re American Honda Motor Co. Dealerships Litig.District Court, D. Maryland · 1996
- Figueroa Ex Rel. Estate of Figueroa v. Secretary of Health & Human ServicesCourt of Appeals for the Federal Circuit · 2013
- Universitas Education, LLC v. GrandersonCourt of Appeals for the First Circuit · 2024
15 more not listed; retrieve them via the Exa API.