Legal Opinion

General Motors Acceptance Corporation v. Central National Bank of Mattoon

Court of Appeals for the Seventh Circuit

Decided September 5, 1985No. 84-1928PublishedCited by 32 opinions

1Opinion of the Court

BAUER, Circuit Judge.

The defendant in this diversity action, Central National Bank of Mattoon, Illinois, (hereinafter referred to as Bank), appeals from a decision that it defrauded plaintiff, General Motors Acceptance Corporation (GMAC), while providing information about a borrower, Bob Smith Óldsmobile-Cadillac-GMC, Inc. (Dealership). The district court, after a bench trial, found for GMAC and awarded damages of $426,315.83. We affirm the decision as to liability, but reduce the amount of damages awarded.

Since 1975, the GMAC office in Decatur, Illinois, had been doing business with…

2Cases cited27 opinions

  1. United States v. United States Gypsum Co.Supreme Court of the United States · 1948
  2. Steinberg v. Chicago Medical SchoolIllinois Supreme Court · 1977
  3. Turoso v. Cleveland Municipal CourtSupreme Court of the United States · 1982
  4. Cenco Inc. v. Seidman & SeidmanCourt of Appeals for the Seventh Circuit · 1982
  5. Soules v. General Motors Corp.Illinois Supreme Court · 1980

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3Cited by32 opinions

  1. Federal Deposit Insurance Corporation v. W.R. Grace & Co. And Grace Petroleum CorporationCourt of Appeals for the Seventh Circuit · 1989
  2. United States of America, Plaintiff-Appellee--Cross-Appellant v. Jack Griffin, Appeal of Merrill Moores, Cross-AppelleeCourt of Appeals for the Seventh Circuit · 1986
  3. Europlast, Limited v. Oak Switch Systems, IncorporatedCourt of Appeals for the Seventh Circuit · 1993
  4. Maust v. HeadleyCourt of Appeals for the Seventh Circuit · 1992
  5. Paul Benjamin West v. The Western Casualty and Surety Company, a Corporation, DefendantCourt of Appeals for the Seventh Circuit · 1988

27 more not listed; retrieve them via the Exa API.

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