finance cases
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- Irving trust V Deutsch
- corp opportunity theory- Deutsch took advantage of Sonora products and lost.
- Smith V Van Gorkum
- business judgement rule- board didnt ask questions so he was not liable for a bad decisioin
- walt disney derivative litigation
- eisner was fired but it didnt rise to level of gross negligence- duty of care
- BMW v Ira Gore
- Punitive Damages- purchased new car, didnt know it had been fixed, punitive damages of 4 million
- Cubby V Compuserve
- Defamation- not held liable for what was on the page
- Stratton Oakmont V Prodigy Services
- Held liable for what was on the page- defamation
- Gordon V May Dept Store
- false imprisonment- cant throw somebody up against a wall
- Palsgraff
- proximate cause- waiting for a train, mrs palsgraf won
- escola v coke
- res ipsa loquitur, glass blew up b/c it was shaking, misuse in the bottle
- lebek v mcdonalds
- negligent failure to warn- hot coffee, lebek won with punitive damages
- green v collagen corp
- collagen wasnt liable, because of the rigorous standards they got through
- williams v braun ice cream
- reasonable expectations- ate a pit from the cherry in the ice cream
- greenman v yuba power
- 1962 california- beginning of tort cases. one that sells the harmful product is liable
- welge v planters lifesavers co
- defective design- glass broke on peanut jar
- peterson v backrodt
- man defect-pedestrian got hit because of defective breaks. case dismissed
- penthouse v barnes
- agreements, pamela won, couldnt use her name
- mcdonalds ring
- by estoppel- mcdonalds should be sued because the agent of md was responsible for the ring in the burger.
- williams v inverness corp
- by estoppel- pierced at a mall and sued the co that supplied the owner with equipment b/c of apparent authority. williams won
- hamilton hauling v gaf
- gaf won no authority because he knew normally it would have to be signed off by a higher up but he didnt do it
- lazer v thermal
- in scope, went off the path on the way home
- sussman v florida coast
- out of scope, crashed because of bringing a cake to work
- tarnausky v tarnausky
- asked him to take a stand but he doesnt want to because he will go from limited to general partner