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· 7/26/1991

Bahre v. Pearl

Citations

  • 595 A.2d 1027
  • 16 U.C.C. Rep. Serv. 2d (West) 780
  • 1991 Me. LEXIS 184

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

  • partners who exercised right to participate in partnership meetings before dissolution of business could not later argue that their role was passive from the outset
  • corporate shares are subject to attachment by actual seizure under § 8-317(1) “as tangible evidence of stock ownership”
  • definitions of “security” in securities regulatory statute and Uniform Commercial Code article 8 are separate and distinct
  • definitions of \security\ in securities regulatory statute and Uniform Commercial Code article 8 are separate and distinct
  • “Whereas the common law proscription against attachment was premised on the intangible nature of the shares to be attached, the tangible nature of stock certificates makes them fully attachable ... as a ‘chattel’ of the debtor.”

Source: CourtListener parenthetical corpus (CC0).

Judges: McKusick, Roberts, Glassman, Clifford, Collins

Read full opinion on CourtListener

Sourced from CourtListener / Free Law Project (CC0).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.