Fed. Sec. L. Rep. P 92,642 Kenneth Rekant on Behalf of Himself as an Individual, Etc. v. Arthur A. Desser

How courts have described this case

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

• note, finally maturing in seven years but allegedly continually reduced by corporation’s payments, issued by the corporation to insider in exchange for property held as security
• corporation induced to issue a $782,000 note with treasury shares in payment for land
• real estate corporation issued note and stock to obtain land for subdivision
• real estate corporation issued note and stock to obtain land for subdivision
• real estate corporation issued note and stock to obtain land for subdivision
• issuance by a corporation of its security constitutes a sale

Source: CourtListener parenthetical corpus (CC0).