Quimbee logo
DMCA.com Protection Status

Sulphur Export Corp. v. Carribean Clipper Lines, Inc.

277 F. Supp. 632 (1968)

Case BriefRelatedOptions
From our private database of 35,600+ case briefs...

Sulphur Export Corp. v. Carribean Clipper Lines, Inc.

United States District Court for the Eastern District of Louisiana

277 F. Supp. 632 (1968)

Facts

On June 24, 1960, Sulphur Export Corporation (Sulexco) (plaintiff) entered into a voyage charter party with Carribean Clipper Lines, Inc. (Carribean) (defendant). The charter party was signed by Carribean’s president and secretary and Sulexco’s president. Carribean’s articles of incorporation stated that Carribean would not begin business until $1,000 in cash was paid in as capital. Contrary to Carribean’s articles of incorporation, Carribean's transaction with Sulexco occurred before the required capital was received. Charles Justice, Jr., Weeks Harrison, and John Paquette, who were directors and officers of Carribean, participated in the transaction of business by Carribean without receiving the required capital, and they did not dissent from the transaction. Following a dispute, Sulexco filed suit against Carribean and Justice, Harrison, and Paquette for breach of the charter party, claiming damages up to $23,533.50. Justice, Harrison, and Paquette were sued individually for violation of the corporate charter in violation of Louisiana law.

Rule of Law

Issue

Holding and Reasoning (Rubin, 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 618,000 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 618,000 law students have relied on our case briefs:

  • Written by law professors and practitioners, not other law students. 35,600 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 618,000 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
  • 35,600 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