Clearly Canadian Beverage Corp. v. American Winery, Inc.
Court of Appeals for the Eighth Circuit
1Opinion of the Court
BATAILLON, District Judge.
When one company’s fortunes take a turn for the worse, entities with whom it contracts are often adversely affected. However, the degree to which an entity is adversely affected will usually depend upon the contractual safeguards bargained for and secured by the entity.
Following a precipitous decline in demand for its product, Clearly Canadian Beverage Corporation (“Clearly Canadian”) filed suit in federal district court against American Winery, Inc. (“American Winery”) seeking recovery on a promissory note as well as replevin of certain equipment which secured the…
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- The Jacobs Manufacturing Company v. Sam Brown Co.Court of Appeals for the Eighth Circuit · 1994
- Hoag v. McBride & Son Inv. Co., Inc.Missouri Court of Appeals · 1998
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