Opinion · Supreme Court of the United States
Huie v. Board of Commissioners of the Alabama State Bar
Huie v. Bd. of Comm’rs of the Ala. State Bar, 399 U.S. 905 (1970)
- Type
- Opinion
- Court
- Supreme Court of the United States
- Jurisdiction
- Federal
- Date
- 1970-06-22
- Topic
- general
How later courts describe this case
- notes given by corporate organizers for bank loans to purchase corporation’s capital stock held not to be securities
- note issued to bank in exchange for a loan, the proceeds of which were subsequently used to purchase stock of a corporation, treated as not within the Acts
- where defendant sold control stock to a third party, allegedly defrauding minority stockholders
- corporate note used to satisfy one insider’s personal obligations to others
Citator
UpLaw has not yet analyzed Huie v. Board of Commissioners of the Alabama State Bar. The absence of a flag is not a finding that it is good law.
- Cited by
- 105 opinions
Sup. Ct. Ala. Certiorari denied.