Business Law Mortgage Grader Inc Brief Cases

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Business Finance

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Cases to Brief:

McMillian v McMillian, 713 S.E.2d. 920 (Ga. Ct. App. 2011)

Pages 38-2 – 38-3

Mortgage Grader v. Ward & Olivo, 139 A. 3d 30 (N.J. 2016)

Pages 38-15

Problem No. 4

Pages 38-16 

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IRAC/CRAC What is it?  Issue, Rule, Analysis, Conclusion OR Conclusion, Rule, Analysis, Conclusion  Method for organizing legal analysis so that the reader can follow your argument  Especially helpful in writing exams (IRAC) and legal memos (CRAC). How to do it? As an example, we will look at whether someone can sue for battery as a result of inhaling second-hand smoke. The issue we will look at is whether there is contact, which is required for a battery claim. Issue  First state the question or problem that you are trying to answer (what might bring the parties into court). This can be in the form of a question or a statement depending on what your reader prefers. Examples: o “There is an issue as to whether contact occurred when the plaintiff inhaled the second-hand smoke.” o “Does contact occur when one inhales second-hand smoke created by another?”  However, in legal memos, one may state the conclusion up front (in case the reader is too busy to read through the entire analysis. Some professors also prefer that you state the conclusion up front. Rule   State the rule or legal principle. This may take the form of stating the elements required for a prima facie case. o “The prima facie case for battery requires the following elements: an act, intent, contact, causation, and harm.” Some professors do not want you to explicitly state the rule (i.e., “The rule is…”). Rather, they prefer that you imply it in your answer. In other words, cut to the chase by focusing your rule statement on the part of the rule or element that is at issue. o “The offense of battery requires contact with the plaintiff’s person.” Analysis  This is where you state your evidence and explain how you will arrive at your conclusion. You may cite other cases, discuss policy implications, and discuss (discount?) cases that run counter to your conclusion.  Make sure that you weigh both sides and make counterarguments where appropriate.  Use case law, analogizing and distinguishing, and policy (for example, the goals of tort law) to work your way to a conclusion. o “In Howe v. Ahn, the court held that noxious bus fumes inhaled by a passerby constitute harmful and offensive contact. Although the court has not extended this holding to a case involving second-hand smoke, numerous cases have likened second-hand smoke to air pollution (for example, Fox v. Abernathy). Policy considerations also favor finding contact in the present case. If one can prove harm as a result of inhaling second-hand smoke, it is better for the smoker to compensate the victim than burden the state.” Conclusion o “The court is likely to find that harmful contact occurs when a smoker releases second-hand smoke into the air and that air is inhaled by a bystander.” Exercise: Amanda has a long history of narcolepsy. She has tried all sorts of remedies from caffeine pills to doing jumping jacks every ten minutes to stay alert. After falling asleep during a law school final, she decided to see a doctor for some professional advice. The doctor prescribed “Stay Awake” medicine. The medicine seemed to work well and Amanda didn’t have any more embarrassing ‘naps’ in class. Two months later, Amanda was riding her scooter home when she fell asleep behind the handlebars. She then crashed into Felix. Felix decides to sue Amanda for negligence. What result?
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1

Business Law

Student Name
Institutional Affiliation
Course
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Date

2

CASE BRIEF
McMillian v. McMillian 713 S.E. 2nd 920 (GA. Ct. App. 2011)
Issue:
What sorts of financial papers must be made public when one partner sues the other for breach of
fiduciary and other obligations to demonstrate the severity of the aggrieved party's losses?
Rule:
Partners bear fiduciary responsibility to the partnership, a "higher" commitment than the
"ordinary" duty of care. Fiduciary obligations require participants in a partnership to put the
company's interests ahead of their own. A fiduciary duty comprises a variety of obligations,
including the need to account for one's acts and the restriction on participating in any activity
that might be seen as detrimental to the partnership's interests.
Application:
Cousins Robbie and Bruce co-owned a bulk mailing services company (Corporate Mail). Robbie,
Bruce's former business partner at Corporate Mail, secretly formed a competitor company called
Mail Source. Robbie closed corporate Mail a few months after establishing Mail Source,
purchasing its assets, and investigating its economic possibilities. Mail Source generated roughly
$250,000 in its first year of operation from customers who had done business with Corporate
Mail or were contemplating doing business with it (Phipps et al., 2013).
Robbie's actions breach his fiduciary duties to Corporate Mail and compel him...


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