Finance; Case study

Your write-up should be 1 to 2 pages, single-spaced, at standard type face (12 or 14 point).
It should briefly (in very few sentences) lay out the basic facts of the case. These are usually generally agreed
upon by the time it gets to the final appeal stage; i.e., the Supreme Court or a Federal District court.
What is much more important is the issue at law – the dispute about what the law means or how it should be
interpreted.
What was the majority of the court’s decision in the case, and – more importantly – what was the basic
reasoning behind this decision?

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