Zayre Corporation v. S.M. & R. Co., Inc.
Court of Appeals for the Seventh Circuit
1Opinion of the Court
MANION, Circuit Judge.
In October 1980, Zayre Corporation agreed to allow SM & R Company to operate jewelry departments in Zayre’s stores. Zayre and SM & R executed a Master Concession Agreement, a detailed document that set forth Zayre’s and SM & R’s rights and obligations. One of Zayre’s obligations was to pay jewelry department employees’ wages and benefits on SM & R’s account, and to periodically charge SM & R for these payments. SM & R, in turn, agreed to reimburse Zayre for the payments Zayre made to the employees.
The Master Agreement provided that at specified times after the first…
2Cases cited28 opinions
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- Federal Deposit Insurance Corporation, in Its Corporate Capacity v. George C. Meyer, Margaret Meyer & Edwin A. MeyerCourt of Appeals for the Seventh Circuit · 1986
- Republic Steel Corporation v. Pennsylvania Engineering CorporationCourt of Appeals for the Seventh Circuit · 1986
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3Cited by84 opinions
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- Tom v. VoidaCourt of Appeals for the Seventh Circuit · 1992
- Freeland v. Enodis Corp.Court of Appeals for the Seventh Circuit · 2008
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