Study Aids
Case Briefs Overview
Casebooks
Case Briefs
Y

Yatooma v. Zousmer

2012 WL 1697004 (2012)

From our private database of 46,400+ case briefs, written and edited by humans—never with AI.

Yatooma v. Zousmer

Michigan Court of Appeals
2012 WL 1697004 (2012)

SC

Facts

Christopher Yatooma (plaintiff) loaned United Soils, Inc. (USI) $230,000 and converted the debt into equity, thus gaining a 40 percent ownership stake in the company. USI was a close corporation and filed for bankruptcy. USI hired Michael Zousmer (defendant) to shepherd the company through the bankruptcy process. USI did not volunteer a lot of information about the bankruptcy to Yatooma. Yatooma appeared at the bankruptcy hearing as a creditor, represented by his own attorney. Yatooma met Zousmer for the first time outside the bankruptcy hearing. Yatooma claimed that Zousmer told him that it would be in Yatooma’s best interest to support the bankruptcy. Yatooma sued Zousmer for breach of his fiduciary duty and fraud. The trial court granted Zousmer summary judgment. Yatooma appealed.

Rule of Law

Issue

Holding and Reasoning (Per curiam)

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 832,000 law students since 2011. Some law schools 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 832,000 law students have relied on our case briefs:

  • Written by law professors and practitioners, not other law students. 46,400 briefs, keyed to 994 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 832,000 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
  • 46,400 briefs - keyed to 994 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

Casebooks

Legal Ethics

Key Terms