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[Download] "Applied Genetics International Inc. V. First Affiliated Securities Inc." by United States Court of Appeals for the Tenth Circuit # Book PDF Kindle ePub Free

Applied Genetics International Inc. V. First Affiliated Securities Inc.

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eBook details

  • Title: Applied Genetics International Inc. V. First Affiliated Securities Inc.
  • Author : United States Court of Appeals for the Tenth Circuit
  • Release Date : January 29, 1990
  • Genre: Law,Books,Professional & Technical,
  • Pages : * pages
  • Size : 80 KB

Description

Plaintiff, Applied Genetics International, Inc. (AGI), appeals from a summary judgment in favor of defendants. AGI's suit was brought in diversity and therefore Wyoming substantive law applies. AGI argues that the district court erred in holding that a settlement and release agreement entered into by the parties, after a failed attempt at a public offering of AGI's stock, was valid and barred all of AGI's claims against defendants. Specifically, AGI asserts that the release does not bar its claims because: (1) the release was procured by economic duress and fraud; (2) the release was materially breached by defendants; and (3) the release did not cover claims for torts and breach of contract which occurred after execution of the release. AGI also argues that the district court erred in precluding evidence of oral agreements to show breach of the written release agreement.


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