Leslie W. McCown v. James W. Heidler, Leslie W. McCown v. Joseph C. Caldwell, Defendants-Cross-Appellants

How courts have described this case

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

• recognizing that plaintiff “who purchased a Timber-lake lot, not to build thereon but to hold solely as an investment, could be relying upon the managerial efforts of [the promoters] for the management and appreciation of his investment.” Id., at 211
• holding directors and officers of the culpable developer and “fraudulent planners and profit makers” liable under the Land Sales Act
• following a “flexible approach” that depends “not upon the form, but upon the substance and economic reality of the transaction in question”
• following a “flexible approach” that depends “not upon the form, but upon the substance and economic reality of the transaction in question”

Source: CourtListener parenthetical corpus (CC0).