Legal Opinion
B-M-G Investment Co. v. Continental/Moss-Gordin, Inc.
District Court, N.D. Texas
Decided December 18, 1969No. CA 3-2665-CPublishedCited by 3 opinions
1Opinion of the Court
MEMORANDUM OPINION
WILLIAM M. TAYLOR, Jr., District Judge.
This case is before the Court on Plaintiffs’ Motion for Summary Judgment.
In 1964 Plaintiff BMG Investment Company entered into a Purchase Agreement with Continental/Moss-Gordin, Inc., pursuant to which BMG sold substantially all its assets to Continental. Among other considerations the Purchase Agreement provided for payment to BMG of the sum of $2,291,334 according to a formula based upon the earnings of Continental during a period from 1964 to expire at the close of Continental’s 1976 fiscal year. Continental guaranteed that payments…
2Cases cited23 opinions
- First National Stores, Inc. v. Yellowstone Shopping Center, Inc.New York Court of Appeals · 1968
- United States v. FornessCourt of Appeals for the Second Circuit · 1942
- Graf v. Hope Building Corp.New York Court of Appeals · 1930
- In Re the Arbitration Between Western Union Telegraph Co. & American Communications Ass'nNew York Court of Appeals · 1949
- Southland Royalty Co. v. Pan American Petroleum Corp.Texas Supreme Court · 1964
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3Cited by3 opinions
- Austin Municipal Securities, Inc. v. National Association of Securities Dealers, Inc., DefendantsCourt of Appeals for the Fifth Circuit · 1985
- B-M-G Investment Company, and Duncan Boeckman, Trustee v. Continental/moss Gordin, Inc., Fulton Industries, Inc., and Allied Products CorporationCourt of Appeals for the Fifth Circuit · 1971
- Genn v. CIT Corp.Court of Special Appeals of Maryland · 1978