Legal Opinion
VLM Food Trading International v. Transportation Alliance Bank
Court of Appeals for the Seventh Circuit
Decided April 10, 2014No. 13-1799, 13-1697PublishedCited by 9 opinions
1Opinion of the Court
SYKES, Circuit Judge.
VLM Food Trading International, Inc., is a Canadian agricultural supplier. Illinois Trading Company, a reseller of agricultural produce, bought frozen potatoes from VLM but encountered financial difficulty and did not pay for them. VLM sued Illinois Trading, its president, and another entity in a position to control the company (collectively, “Illinois Trading”) for the outstanding balance — about $184,-000 — owed on the contract. The complaint alleged four counts, two of which were based on the Perishable Agricultural Commodities Act (“PACA”), a depression-era law that…
2Cases cited13 opinions
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3Cited by9 opinions
- VLM Food Trading International, Inc. v. Illinois Trading Co.Court of Appeals for the Seventh Circuit · 2016
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