BAYE v. AIRLITE PLASTICS CO.

Nos. S-99-631, S-99-632.

618 N.W.2d 145 (2000)

260 Neb. 385

Lawrence M. BAYE, Personal Representative of the Estate of John L. Baye, deceased, appellant, v. AIRLITE PLASTICS CO., a Nebraska corporation, et al., appellees. Gertrude Crosby and Norwest Bank Nebraska, N.A., Trustee of the Robert F. Crosby Qualified Marital Trust dated February 2, 1996, appellees, v. Lawrence M. Baye, Personal Representative of the Estate of John Baye, deceased, appellant.

Supreme Court of Nebraska.

September 22, 2000.


Attorney(s) appearing for the Case

Gary L. Hoffman and Thomas J. Culhane, of Erickson & Sederstrom, P.C., Omaha, for appellant.

Gerald P. Laughlin, of Baird, Holm, McEachen, Pedersen, Hamann & Strasheim, Omaha, for appellees.

HENDRY, C.J., WRIGHT, GERRARD, STEPHAN, McCORMACK, and MILLER-LERMAN, JJ.


McCORMACK, J.

FACTUAL AND PROCEDURAL BACKGROUND

In 1987, Gertrude Crosby and Robert F. Crosby (the Crosbys) entered into a written stock option agreement (Agreement) with John L. Baye and Opal A. Baye (the Bayes). The Agreement provided, inter alia, that Robert would have the option to purchase 380 shares of common stock of Airlite Plastics Co. (Airlite) and that Gertrude would have the option to purchase 1,139 shares of Airlite stock. The price for the...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases