Legal Opinion

Straits Fin. LLC v. Ten Sleep Cattle Co.

Court of Appeals for the Seventh Circuit

Decided August 13, 2018No. 16-3860; Nos. 16-3903; 16-3967; 17-2100PublishedCited by 24 opinions

1Opinion of the Court

Hamilton, Circuit Judge.

Atop the Chicago Board of Trade Building in downtown Chicago stands Ceres, the Roman goddess of agriculture and grain. She faces north, but her reach extends at least as far west as Ten Sleep, Wyoming, to the family cattle ranch of defendant-appellee Richard Carter. In 2010, through a broker in Scottsbluff, Nebraska, Carter opened a commodities futures and options trading account with a Chicago-based financial *363institution. Carter intended to use the account to secure the prices his ranch-defendant-appellee Ten Sleep Cattle Company-would receive for its cattle using…

2Cases cited55 opinions

  1. Merrill Lynch, Pierce, Fenner & Smith, Inc. v. CurranSupreme Court of the United States · 1982
  2. U. S. Bank N. A. v. Village at Lakeridge, LLCSupreme Court of the United States · 2018
  3. Pickett v. Sheridan Health Care CenterCourt of Appeals for the Seventh Circuit · 2011
  4. Teamsters Local 282 Pension Trust Fund v. Anthony G. AngelosCourt of Appeals for the Seventh Circuit · 1985
  5. De Bouse v. Bayer AGIllinois Supreme Court · 2009

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3Cited by24 opinions

  1. Sanchelima Int'l, Inc. v. Walker Stainless Equip. Co.Court of Appeals for the Seventh Circuit · 2019
  2. Thirteen Investment Company, Inc. v. Foremost Insurance Company Grand Rapids MichiganCourt of Appeals for the Seventh Circuit · 2023
  3. In re Kimball Hill, Inc.United States Bankruptcy Court, N.D. Illinois · 2019
  4. Catherine Erdman v. City of MadisonCourt of Appeals for the Seventh Circuit · 2024
  5. Alvarez v. Regions Commercial Roofing, Inc.District Court, C.D. Illinois · 2024

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