(DOWNLOAD) "Sanders Confectionery Products Inc. V. Heller Financial Inc." by United States Court Of Appeals For The Sixth Circuit ~ eBook PDF Kindle ePub Free

July 29, 2021

eBook details

Title: Sanders Confectionery Products Inc. V. Heller Financial Inc.
Author : United States Court Of Appeals For The Sixth Circuit
Release Date : January 17, 1992
Genre: Law,Books,Professional & Technical,
Pages : * pages
Size : 83 KB

Description

ENGEL, Senior Circuit Judge. Plaintiffs Sanders Confectionery Products, Inc., John M. Sanders, and Filipp J. Kreissl appeal from the district court's dismissal of their lender liability claims against Heller Financial, Inc., Butzel, Keidan, Simon, Myers & Graham, John W. Butler Jr., and Jay Alix. Plaintiff Sam J. Merigian appeals from the dismissal of his RICO and securities fraud claims against Heller Financial, Inc.*fn1 All of the plaintiffs claim the district court erred in holding that the earlier bankruptcy proceedings of Fred Sanders, Inc. barred these actions under the doctrine of res judicata. Merigian claims the district court erred in failing to recognize Heller's liability as a control person under section 12(2) of the 1933 Securities Act and as an aider and abettor in violation of section 10(b) of the 1934 Securities Act. This case also presents questions concerning causation and standing to bring a RICO claim. We affirm the district court's dismissal of the actions by Sanders Confectionery Products, Inc., Sanders, Kreissl, and Merigian.