Income tax; refund action  08-1638 General Mills Inc. & Subsidiaries, Plaintiff-Appellee, v. U.S., Defendant-Appellant Appeal From: U.S. District Court for the District of Minnesota Submitted: Nov. 14, 2008 Filed: Jan. 26, 2009 Before: Judges Wollman, Beam and Benton Opinion ...
Read More »Corporate: Articles Of Incorporation – Membership – Standing
Where the Missouri Baptist Convention sued the Windermere Baptist Conference Center, a public benefit corporation, in a dispute over the transfer of a conference and recreational facility, the trial court did not err in finding that the convention was not ...
Read More »Corporate: Corporate Income Tax – Refund Action – Redemptive Dividend
Where a corporation sued for refunds of corporate income tax to recover the value of deductions for cash distribution redemptive dividends, the district court erred in granting summary judgment to the corporation because the deduction is barred by Section 162(k)(1), ...
Read More »Jury awards $371,000 in breach of contract suit
An Independence jury returned a $371,000 verdict for a developer and a real estate company in a breach of contract and fraudulent misrepresentation lawsuit. In February 2004, Eugene and Charlene Ruiz purchased a residential lot from Saddleridge Estates Inc. It ...
Tagged with: breach of contract
Read More »8th U.S. Circuit Court of Appeals: Corporate
Investment losses; undisclosed waiver  08-1349 Glenn D. Abbotts; Steven Beigel; Alyn Bell; Michael Cetta; Andrew R. Cherna; Richard Cooper; Stewart W. Evey; Timothy J. Hanratty; F. Scott Jackson; Jeffrey Kaufman; Anis Keywood; Gerald Moreland; James T. Reilley; Rick Starr, ...
Read More »Corporate: Investment Losses – Undisclosed Waiver – Equitable Tolling
Where investors failed to present sufficient evidence that an undisclosed waiver in a Common Stock Purchase Agreement was the proximate cause of their investment losses, the district court did not err in holding that the statute of limitations barred the ...
Tagged with: Corporate Equitable Tolling
Read More »Corporate: Securities Fraud – Insufficient Pleading – Scienter
Where plaintiffs who brought a securities fraud class action against Centene Corporation and several officers failed to show that the defendants had misrepresented a material fact or acted with scienter, the district court properly dismissed the action under the elevated ...
Tagged with: Centene corporate law securities fraud
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