Legal Opinion
Ceres Inc. v. ACLI Metal & Ore Co.
District Court, N.D. Illinois
Decided June 8, 1978No. 77 C 2176PublishedCited by 12 opinions
1Opinion of the Court
MEMORANDUM OPINION
GRADY, District Judge.
On May 27, 1977, ACLI Metal & Ore Co. (“ACLI”) agreed to sell Great Lakes Metal Corporation (“Great Lakes”) approximately 300 metric tons of zinc which was being stored by Ceres, Incorporated (“Ceres”) in Portage, Indiana. In exchange for the zinc, Great Lakes agreed to pay $.3iy4 a pound net cash against a commercial invoice, delivery order, and weight/assay certificate and agreed to accept delivery at Ceres’ Portage warehouse. (ACLI’s First Amended Answer, Exhibit A). On that same day, ACLI sent a message to Ceres, ordering release of the zinc to…
2Cases cited2 opinions
- Buss v. Long Island Storage Warehouse Co.Court of Appeals for the Second Circuit · 1933
- Marshall Milling Co. v. RosenbluthAppellate Court of Illinois · 1924
3Cited by12 opinions
- In Re Coast Trading Company, Inc.Court of Appeals for the Ninth Circuit · 1984
- In Re Murdock MacHine and Engineering Co. Of Utah, Bankrupt. Ramco Steel, Inc. v. Lindsey Kesler, Trustee, and United States of AmericaCourt of Appeals for the Tenth Circuit · 1980
- Matter of Marin Motor Oil, Inc.Court of Appeals for the Third Circuit · 1984
- Pester Refining Co. v. MAPCO Gas Products, Inc. (In Re Pester Refining Co.)United States Bankruptcy Court, S.D. Iowa · 1986
- O'BRIEN v. ChandlerNew Mexico Supreme Court · 1988
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