(DOWNLOAD) "Cook v. Bishop" by Supreme Court of the State of Oklahoma # eBook PDF Kindle ePub Free
eBook details
- Title: Cook v. Bishop
- Author : Supreme Court of the State of Oklahoma
- Release Date : January 01, 1988
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 52 KB
Description
1 Tom Cook, Firehole Oil Co., Firehole II, Inc., J. Tate Hale, Jim Black Childrens Trust, and the Statman Co., [investors] brought an action for rescission under the Oklahoma Securities Act, 71 O.S. 1981, §Â§ 1-501, for sale of unregistered securities involving fractional oil and gas working interests sold by Larry G. Bishop and Bishop Royalty, Inc. [issuer]. The issuer answered inter alia that the investors were knowledgeable, sophisticated, and had been engaged in oil and gas exploration for many years; the interests sold were exempt from registration under 71 O.S. 1981 § 401 (b)(15)(A)(1-4); and no fraud or deceit had been alleged nor occurred. The investors moved for summary judgment based upon the pleadings, briefs, partial admissions and affidavits. The trial court granted summary judgment for investors and issued an order certifying interlocutory appeal to this Court under 12 O.S. 1981 § 952 (b)(3).
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