Legal Opinion

Rivanna Trawlers Unlimited v. Thompson Trawlers, Inc.

Court of Appeals for the Fourth Circuit

Decided February 22, 1988No. 87-2516PublishedCited by 52 opinions

1Opinion of the Court

POWELL, Associate Justice:

The dispositive issue presented in this case is whether the district court, 650 F.Supp. 1378 correctly concluded that appellants’ general partnership interests in Rivanna Trawlers Unlimited are not securities within the meaning of the federal securities laws. We hold that these interests are not securities, and affirm.

The appellate record indicates that the Virginia general partnership, Rivanna Trawlers Unlimited (“RTU”), was formed in August 1982 when twenty-three parties executed an agreement for the purpose of forming a general partnership, “which will acquire,…

2Cases cited22 opinions

  1. Anderson v. Liberty Lobby, Inc.Supreme Court of the United States · 1986
  2. United Mine Workers of America v. GibbsSupreme Court of the United States · 1966
  3. Bell v. HoodSupreme Court of the United States · 1946
  4. John D. Williamson, Plaintiffs-Appellants-Cross v. Gordon G. Tucker, Defendants-Appellees-CrossCourt of Appeals for the Fifth Circuit · 1981
  5. Securities and Exchange Commission v. W. J. Howey Co.Supreme Court of the United States · 1946

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

3Cited by52 opinions

  1. Emmett v. JohnsonCourt of Appeals for the Fourth Circuit · 2008
  2. Mathews v. Cassidy Turley Maryland, Inc.Court of Appeals of Maryland · 2013
  3. William W. Bailey Tom Curtis Wendell W. Wood, and David D. Marshall Michael A. Cates v. J.W.K. Properties, Inc., T/a Albemarle Farms, John W. KlugeCourt of Appeals for the Fourth Circuit · 1990
  4. James G. Robinson v. Thomas W. Glynn, and Glynn Scientific, Incorporated Geophone Company, LLCCourt of Appeals for the Fourth Circuit · 2003
  5. Rivanna Trawlers Unlimited v. Thompson Trawlers, Inc.Court of Appeals for the Fourth Circuit · 1988

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

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