Richard "Bud" Steen v. Robert Murray
Court of Appeals for the Eighth Circuit
1Opinion of the Court
LOKEN, Circuit Judge.
When lender Farm Credit Services threatened to foreclose on his farm in Emerson, Iowa, Richard “Bud” Steen retained Lamson, Dugan & Murray, LLP, an Omaha law firm, and Robert Murray, a member of the firm. To generate funds to repay the loan, Steen and his wife Lloydene agreed to sell part of the farm to AGRKeast, an Iowa general partnership. At Steen’s request, Murray, assisted by Ryan Boe of the Lamson law firm, prepared agreements by which AGR-Keast would buy 80 acres of the Steens’ farm and lease another 331 acres for six years, with an option to purchase the leased…
2Cases cited24 opinions
- Christianson v. Colt Industries Operating Corp.Supreme Court of the United States · 1988
- Semtek International Inc. v. Lockheed Martin Corp.Supreme Court of the United States · 2001
- Leroy v. Great Western United Corp.Supreme Court of the United States · 1979
- Bankers Life & Casualty Co. v. HollandSupreme Court of the United States · 1953
- Ferens v. John Deere Co.Supreme Court of the United States · 1990
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