Legal Opinion
Prestwick Capital Management, Ltd. v. Peregrine Financial Group, Inc.
Court of Appeals for the Seventh Circuit
Decided July 19, 2013No. 12-1232PublishedCited by 11 opinions
1Opinion of the Court
BARKER, District Judge.
Author-c%ro-rabbi Chaim Potok once observed that life presents “absolutely no guarantee that things will automatically work out to our best advantage.” 1 Given the regulatory mandate that certain financial entities guarantee other entities’ performance, and acknowledging that guarantees of all sorts can turn out to be ephemeral, we grapple here with the truth of Potok’s aphorism. More specifically, the instant lawsuit requires us to clarify the scope of a futures trading “guarantee gone wrong,” presenting sunk investments and semantic distractions along the way.
In 2009,…
2Cases cited32 opinions
- Anderson v. Liberty Lobby, Inc.Supreme Court of the United States · 1986
- Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
- Lamie v. United States TrusteeSupreme Court of the United States · 2004
- Sandra L. Waldridge v. American Hoechst Corp.Court of Appeals for the Seventh Circuit · 1994
- Commodity Futures Trading Commission v. SchorSupreme Court of the United States · 1986
27 more not listed; retrieve them via the Exa API.
3Cited by11 opinions
- W. v. Health Net Life Insurance CompanyCourt of Appeals for the Tenth Circuit · 2023
- Heraeus Kulzer, GmbH v. Biomet, Inc.Court of Appeals for the Seventh Circuit · 2018
- Flextronics International USA, Inc. v. Sparkling Drink Systems Innovation Center Ltd.District Court, N.D. Illinois · 2016
- Engineered Abrasives, Inc. v. American Machine Products & SeCourt of Appeals for the Seventh Circuit · 2018
- State of Wisconsin v. Ho-Chunk NationCourt of Appeals for the Seventh Circuit · 2015
6 more not listed; retrieve them via the Exa API.