Prince Arthur Ossai, a government official in Nigeria, entered into a contract with Henry Keller (plaintiff), a

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Prince Arthur Ossai, a government official in Nigeria, entered into a contract with Henry Keller (plaintiff), a sales representative for H.K. Enterprises, Inc., a Michiganbased manufacturer of medical equipment. They agreed that, among other things, Ossai would have an exclusive distribution right to sell H.K. products in Nigeria, which would buy $4.1 million of H.K. equipment for $6.63 million, plus a $7.65 million "licensing fee." Before the deal closed, though, Ossai demanded that $25.5 million on deposit in the Central Bank of Nigeria (CBN) be transferred into an account set up by Keller.

Understanding the facts is the starting point for legal analysis. The following questions encourage you to consider the significance of the facts in Case.
1. What facts are critical in the court's ruling in favor of the plaintiff?
Clue: Reread the introductory paragraph.
2. Look at the facts you found. To illustrate the importance of context, which fact, if it had not been included in the case, might have resulted in the court's granting the defendant's motion to dismiss?
Clue: Find the elements of the federal statute that the judge discusses and use these elements as a guide to highlight the most significant facts.

Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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The Legal Environment of Business A Critical Thinking Approach

ISBN: 978-0132664844

6th Edition

Authors: Nancy K Kubasek, Bartley A Brennan, M Neil Browne

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