556 F. Supp. 2d 617 - Floyd v. Hefner’s Empirical Analysis

Citation profile

2 district · 1 state decisions

Most-quoted passages

The sentences later courts lift from this opinion, ranked by how many decisions quote each — the parts of the opinion doing the work. These counts are smaller than the citation total above because most of the 18 citing decisions cite the case generally; a passage count includes only decisions quoting that exact language verbatim.

1. “38. Defendants, Edwin J. (Ted) Terry, Jr., James A. Vaught, and Karl E. Hays are attorneys licensed to practice law in the State of Texas. Said Defendants were, at all times relevant herein, members of the law firm, Defendant, [Law Offices of] Edwin J. (Ted) Terry, Jr. In the fall of 2001, Plaintiff, Gary Beck and Terry, Jr., Vaught, Hays, and the Terry, Jr., Firm entered into an agreement for said Defendants attorneys to provide legal services to Beck. 39. The Defendant, Terry, Jr. Firm and its attorneys were engaged by Beck to provide legal services in connection with a divorce matter identified as Cause No. FM0-07412; In the Matter of the Marriage of Ruth Ann Beck and Gary Gene Beck, In the 345th Judicial District Court, Travis County, Texas. 40. During the course of that representation, Edwin J. (Ted) Terry, Jr., James A. Vaught, and Karl E. Hays committed acts amounting to negligence in failing to be prepared for hearings in court, failing to timely comply with court orders resulting in the payment of attorneys’ fees to the attorney for Beck’s wife in the divorce proceeding, failing to timely and appropriately respond to changes in the divorce decree, pledging corporate and separate property as security for notes given by Plaintiff, Gary Beck, failing to keep corporate property as separate property, permitting corporate property to be combined with property of the marital estate, failing to disclose a conflict of interest between Gary Beck, individually and the corporate”

   1 later decision quote this exact passage · from the majority
   e.g. Beck v. LAW OFFICES OF EDWIN J. TERRY, JR.

2. “ultimately cost Seven Seas its very existence, which is affirmative harm to all of Seven Seas' constituencies, including the shareholders. The Court notes that to hold otherwise would essentially permit a director to pursue any course of action without scrutiny if the corporation is in dire financial straits. Such a result would be untenable.”

   1 later decision quote this exact passage · from the majority
   e.g. Floyd v. CIBC World Markets, Inc.

3. “Vis-à-vis their corporations, insiders cannot avoid the consequences of their own handiwork.”

   1 later decision quote this exact passage · from the majority
   e.g. 617 F. Supp. 2d 700 - In Re National Century Financial Enterprises, Inc.