Thor Power Tool Co. v. Weintraub
Court of Appeals for the Seventh Circuit
1Opinion of the Court
HARLINGTON WOOD, Jr., Circuit Judge.
Plaintiff Thor Power Tool Company (“Thor”) entered into a contract with defendant Monroe Weintraub (“Weintraub”) to sell the business and assets of a division of Thor, doing business as Cincinnati Rubber Manufacturing Company (“CRM”) to Weintraub. Following the sale, a dispute arose over the value of CRM’s inventory and the amount of CRM’s operating losses. Thor ended up suing Weintraub in federal court in a diversity action for $99,969 on a breach of contract claim, alleging that Weintraub failed to make the final payment due on the contract. Weintraub…
2Cases cited11 opinions
- Pedrick v. Peoria & Eastern RailroadIllinois Supreme Court · 1967
- Allied Chemical Corp. v. Daiflon, Inc.Supreme Court of the United States · 1980
- Robert J. Will, Cross-Appellees v. Comprehensive Accounting Corporation, CrossCourt of Appeals for the Seventh Circuit · 1985
- Mark R. Cook v. Frederick B. HoppinCourt of Appeals for the Seventh Circuit · 1986
- Halladay v. VerschoorCourt of Appeals for the Eighth Circuit · 1967
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3Cited by15 opinions
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- Isidore Strauss v. Stratojac CorporationCourt of Appeals for the Seventh Circuit · 1987
- Linda S. Babb v. Paul Minder and Carter-Jones Lumber Company, an Ohio CorporationCourt of Appeals for the Seventh Circuit · 1986
- First Comics, Inc., and Cross-Appellee v. World Color Press, Inc., and Cross-AppellantCourt of Appeals for the First Circuit · 1989
- George Rakovich v. Gregory Wade and Darryl Drake, George Rakovich v. Chester KassCourt of Appeals for the Seventh Circuit · 1987
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