Legal Analysis
Legal analysis from Dean's Law Dictionary will be displayed here.
Nature Of The Case
This section contains the nature of the case and procedural background.
Facts
Fredrick Tiggs created Triggs Color Printing Co. (the Company) and gave his three sons an even split of the minority interest. The contract that gave them the minority interest contained illegal terms (it stated by name who would be president and chairman, which no contract may do). These terms, however, were never brought up by any party and were never enforced. Fredrick Triggs then dies. One of the brothers, Ransford (P), exercised his option to buy out his deceased father's shares. The other brothers tried to enjoin this, claiming that the contract was illegal.
Issues
The legal issues presented in this case will be displayed here.
Holding & Decision
The court's holding and decision will be displayed here.
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