Legal Opinion
Deckebach v. La Vida Charters, Inc.
District Court, S.D. Ohio
Decided July 30, 1987No. Civ. 1-86-648PublishedCited by 2 opinions
1Opinion of the Court
ORDER
CARL B. RUBIN, Chief Judge.
This matter is before the Court on cross-motions for partial summary judgment. (Doc. nos. 15, 17). The issue before the Court is whether plaintiffs’ purchase of a yacht and attendant management agreement with defendants constitutes a security under federal or Ohio state securities laws.
FACTS
The parties have stipulated to the following facts. (Doc. 18, Appendix I; Doe. 20) Plaintiffs, Ohio residents, negotiated with George Bell to buy a Pearson 36 Cutter owned by B & H Yacht Ventures, a partnership in which Bell was a partner. At that time, the yacht was…
2Cases cited12 opinions
- Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
- Securities and Exchange Commission v. W. J. Howey Co.Supreme Court of the United States · 1946
- United Housing Foundation, Inc. v. FormanSupreme Court of the United States · 1975
- Tcherepnin v. KnightSupreme Court of the United States · 1967
- Landreth Timber Co. v. LandrethSupreme Court of the United States · 1985
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3Cited by2 opinions
- Deckebach v. La Vida Charters, Inc.Court of Appeals for the Sixth Circuit · 1989
- Deckebach v. La Vida ChartersCourt of Appeals for the Sixth Circuit · 1989