United States Federal Circuit

Shareholders seeking to sue as third-party beneficiaries of an allegedly breached contract must show that the contract reflects the intent to benefit them independently of their shareholder status. Enactment and enforcement of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 did not effect a taking.

Appellate Information

• Decided 08/19/2002
• Published 08/19/2002

Judges

Court

• United States Federal Circuit

Counsel