The plaintiff CP filed a suit for breach of contract against the defendant NUC in the state of Tennesse and succeeded. When the plaintiff tried to collect the judgement in the state of Minnesota, the defendant, person B, a registered agent of NUC, claimed that the judgement was unenforceable as he was not served proper notice. To find : The invalidation of Tennessee judgement by Minesotta court. The proper service of process when it was mailed to the defendants' medical clinic and to the wife of the physician, who owned the clinic opened the letter.

Question

Drew is an officer of Energy Fuel, Inc. Drew knows that an Energy engineer recently developed a new, inexpensive method for converting hydrogen into fuel. Drew takes advantage of this information to buy Energy stock from Gert and, after the discovery is announced, to sell the stock to Holly at a profit. Gert claims that this is a violation of federal law. Is Gert correct? If so, what federal law has Drew violated, and what are its possible penalties?

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Question

Chapter 3, Problem 6BCP

Summary Introduction

Case summary: The plaintiff CP filed a suit for breach of contract against the defendant NUC in the state of Tennesse and succeeded. When the plaintiff tried to collect the judgement in the state of Minnesota, the defendant, person B, a registered agent of NUC, claimed that the judgement was unenforceable as he was not served proper notice.

To find: The invalidation of Tennessee judgement by Minesotta court. The proper service of process when it was mailed to the defendants' medical clinic and to the wife of the physician, who owned the clinic opened the letter.

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