Legal Opinion

JPMorgan Chase Bank, N.A. v. Asia Pulp & Paper Co.

Court of Appeals for the Seventh Circuit

Decided February 21, 2013No. 10-3413, 12-2123PublishedCited by 57 opinions

1Opinion of the Court

SYKES, Circuit Judge.

These consolidated appeals arise out of a complicated financing arrangement put in place to underwrite Beloit Corporation’s construction of two massive paper-making machines for a consortium of paper manufacturers in Southeast Asia. Simplified, the basic facts are these: In 1996 Beloit agreed to build two high-speed paper-making machines for Indonesian paper companies PT. Indah Kiat Pulp & Paper Tbk. (“Indah Kiat”) and PT Pabrik Kertas Tjiwi Kimia Tbk. (“Tjiwi Kimia”), subsidiaries of Asia Pulp & Paper Company, Ltd. (“Asia Pulp”), which is based in Singapore. (For…

2Cases cited38 opinions

  1. Anderson v. Liberty Lobby, Inc.Supreme Court of the United States · 1986
  2. Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
  3. Cohen v. Beneficial Industrial Loan Corp.Supreme Court of the United States · 1949
  4. Coopers & Lybrand v. LivesaySupreme Court of the United States · 1978
  5. Torres v. Oakland Scavenger Co.Supreme Court of the United States · 1988

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3Cited by57 opinions

  1. David Gevas v. Christopher McLaughlinCourt of Appeals for the Seventh Circuit · 2015
  2. United States v. UCB, Inc.Court of Appeals for the Seventh Circuit · 2020
  3. Larry Tate v. Thomas J. DartCourt of Appeals for the Seventh Circuit · 2022
  4. John Hancock Life Insurance Co. v. Abbott LaboratoriesCourt of Appeals for the First Circuit · 2017
  5. Amara v. Cigna CorporationCourt of Appeals for the Second Circuit · 2022

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