Legal Opinion
United States v. Thomas B. Downs
Court of Appeals for the Seventh Circuit
Decided August 19, 1997No. 96-2581PublishedCited by 34 opinions
1Opinion of the Court
KANNE, Circuit Judge.
Thomas Downs began trading commodities for himself in 1986. Over the next few years, however, the trading went very poorly. To finance the trading, Downs had to take out a series of loans, using cattle and 250 acres of farmland from his father’s estate as collateral. When Downs missed a loan repayment date in 1989, he asked for an extension. The credit association granted the extension but only after Downs falsely reported that his father’s estate owned 164 head of cattle worth $105,000. In fact, the estate had no cattle, and on March 27, 1995, Downs pleaded guilty to one…
2Cases cited27 opinions
- Strickland v. WashingtonSupreme Court of the United States · 1984
- United States v. OlanoSupreme Court of the United States · 1993
- Stinson v. United StatesSupreme Court of the United States · 1993
- United States v. James GarrettCourt of Appeals for the Seventh Circuit · 1990
- Michael J. Guinan v. United StatesCourt of Appeals for the Seventh Circuit · 1993
22 more not listed; retrieve them via the Exa API.
3Cited by34 opinions
- United States v. AldenCourt of Appeals for the Seventh Circuit · 2008
- United States v. Fernando Diaz-Diaz, United States of America v. Fernando Diaz-DiazCourt of Appeals for the Eighth Circuit · 1998
- United States v. Robert BaileyCourt of Appeals for the Seventh Circuit · 2000
- United States v. SavageCourt of Appeals for the Seventh Circuit · 2007
- United States v. Vincent LaneCourt of Appeals for the Seventh Circuit · 2003
29 more not listed; retrieve them via the Exa API.