Quimbee logo
DMCA.com Protection Status

Grease Monkey International, Inc. v. Montoya

904 P.2d 468 (1995)

Case BriefRelatedOptions
From our private database of 30,900+ case briefs...

Grease Monkey International, Inc. v. Montoya

Colorado Supreme Court

904 P.2d 468 (1995)

Facts

Arthur Sensenig served as the president, CEO, and chairman of the board for Grease Monkey International, Inc. (defendant) for eight years. During his tenure, Sensenig defrauded potential investors in Grease Monkey using his position of authority at the company. Sensenig instructed potential investors to make payments to his personal bank account. To persuade Montoya (plaintiff) to invest, Sensenig gave a presentation to Montoya at the Grease Monkey offices. Sensenig did not provide any of the funds to Grease Monkey. Instead, Sensenig kept the money for personal benefit. Sensenig employed a detailed scheme to shield the fraud from detection, including delivery of promissory notes and subsequent interest payments among other fraudulent acts. Montoya filed a lawsuit against Grease Monkey for fraud and misrepresentation (in addition to other claims that were dismissed). The trial court held Grease Monkey liable to Montoya because Montoya reasonably relied on Sensenig’s apparent authority to raise capital for the company as president, CEO, and chairman. The court of appeals affirmed the trial court, finding that Sensenig had acted within the scope of his apparent authority as an agent of Grease Monkey. Grease Monkey appealed to the Colorado Supreme Court.

Rule of Law

Issue

Holding and Reasoning (Erickson, J.)

Concurrence (Mullarkey, J.)

What to do next…

  1. Unlock this case brief with a free (no-commitment) trial membership of Quimbee.

    You’ll be in good company: Quimbee is one of the most widely used and trusted sites for law students, serving more than 553,000 law students since 2011. Some law schools—such as Yale, Berkeley, and Northwestern—even subscribe directly to Quimbee for all their law students.

    Unlock this case briefRead our student testimonials
  2. Learn more about Quimbee’s unique (and proven) approach to achieving great grades at law school.

    Quimbee is a company hell-bent on one thing: helping you get an “A” in every course you take in law school, so you can graduate at the top of your class and get a high-paying law job. We’re not just a study aid for law students; we’re the study aid for law students.

    Learn about our approachRead more about Quimbee

Here's why 553,000 law students have relied on our case briefs:

  • Written by law professors and practitioners, not other law students. 30,900 briefs, keyed to 984 casebooks. Top-notch customer support.
  • The right amount of information, includes the facts, issues, rule of law, holding and reasoning, and any concurrences and dissents.
  • Access in your classes, works on your mobile and tablet. Massive library of related video lessons and high quality multiple-choice questions.
  • Easy to use, uniform format for every case brief. Written in plain English, not in legalese. Our briefs summarize and simplify; they don’t just repeat the court’s language.

Access this case brief for FREE

With a 7-day free trial membership
Here's why 553,000 law students have relied on our case briefs:
  • Reliable - written by law professors and practitioners, not other law students
  • The right length and amount of information - includes the facts, issue, rule of law, holding and reasoning, and any concurrences and dissents
  • Access in your class - works on your mobile and tablet
  • 30,900 briefs - keyed to 984 casebooks
  • Uniform format for every case brief
  • Written in plain English - not in legalese and not just repeating the court's language
  • Massive library of related video lessons - and practice questions
  • Top-notch customer support

Access this case brief for FREE

With a 7-day free trial membership