City of Kingsport, Tennessee v. Steel & Roof Structure, Inc.

How courts have described this case

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

• holding an investment contract was present where business “consistently promoted the package it offered as an invest- ment”
• “conspiracy is a separate and distinct offense; . Completion of the objective is not an element of [the] conspiracy”
• “[T]he ultimate issue of whether or not a particular set of facts, as resolved by the factfinder, constitutes an investment contract is a question of law.”
• “[w]hether the matter be approached from the standpoint of fixing the limits of the words ‘stolen,’ ‘converted,’ or ‘taken by fraud,’ one encounters the requirement that the ‘stealing,’ ‘conversion,’ or ‘taking’ must be from one having the attributes of an owner.”
• “Although characterization of a transaction raises questions of both law and fact, the ultimate issue of whether or not a particular set of facts, as resolved by the factfinder, constitutes an investment contract is a question of law.”

Source: CourtListener parenthetical corpus (CC0).