A-31-11 Amratlal C. Bhagat v. Bharat A. Bhagat (068213)
In these circumstances involving a transfer of stock in a family business from father to son, was the standard for summary judgment properly applied to determine that, due to the high burden of proof needed to overcome the presumption that such a transfer is a gift, no rational factfinder could find that this was a conditional transfer instead of a gift?
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- Certification granted : Nov. 4, 2011
- Posted: Nov. 7, 2011
- Argued: Feb. 27, 2013
- Decided: Jan. 30, 2014