Legal Opinion
Eastern Trading Company v. Refco, Inc., and Refco Capital Corporation
Court of Appeals for the Seventh Circuit
Decided October 10, 2000No. 99-2362, 99-3053PublishedCited by 73 opinions
1Opinion of the Court
POSNER, Circuit Judge.
Eastern Trading Company, a partnership located in Dubai that trades gold and silver bullion in large quantities, brought this suit against two commonly owned corporations — Refco, Inc., a Chicago commodities broker, and Refco Capital Corporation — charging fraud and related misconduct in violation of the Commodity Exchange Act, 7 U.S.C. §§ la et seq., and the common law of Illinois. The defendants counterclaimed for breach of contract. The jury brought in a verdict for the defendants on the main claim and a judgment for Refco, Inc. of $14 million on the counterclaim, the…
2Cases cited71 opinions
- Hensley v. EckerhartSupreme Court of the United States · 1983
- Griffin v. United StatesSupreme Court of the United States · 1991
- Chiarella v. United StatesSupreme Court of the United States · 1980
- Lightning Lube, Inc. v. Witco Corp.Court of Appeals for the Third Circuit · 1993
- Harold W. McClellan v. Bobbie Darrell CantrellCourt of Appeals for the Seventh Circuit · 2000
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3Cited by73 opinions
- Wellogix, Inc. v. Accenture, L.L.P.Court of Appeals for the Fifth Circuit · 2013
- Hefferman, Glen v. Bass, Yale P.Court of Appeals for the Seventh Circuit · 2006
- Brigid Ford v. Marion County Sheriff's OfficCourt of Appeals for the Seventh Circuit · 2019
- Davis v. RennieCourt of Appeals for the First Circuit · 2001
- Ty Inc., Counterdefendant-Appellee v. Softbelly's, Inc., Counter-Plaintiffs-Appellants v. Ty Warner, Counterdefendant-AppelleeCourt of Appeals for the Seventh Circuit · 2003
68 more not listed; retrieve them via the Exa API.