Legal Opinion
Joseph C. Masi v. Ford City Bank and Trust Company, an Illinois Bank and Trust Company
Court of Appeals for the Seventh Circuit
Decided January 23, 1986No. 84-2185PublishedCited by 52 opinions
1Opinion of the Court
FLAUM, Circuit Judge.
Plaintiff Joseph C. Masi appeals the district court’s dismissal of his federal cause of action based on section 1962(a) 1 of the Racketeering Influenced and Corrupt Organizations Act (“RICO”) 18 U.S.C. § 1961-68 (1970) and that court’s denial of his prayer for punitive damages for a breach of fiduciary duty. We reverse the district court’s finding on RICO and remand for further findings on the issue of punitive damages.
I
On October 7, 1980, the plaintiff, Joseph C. Masi (“Masi”), opened an Individual Retirement Account (“IRA”) with the defendant Ford City Bank and Trust…
2Cases cited15 opinions
- Erie Railroad v. TompkinsSupreme Court of the United States · 1938
- Sedima, S. P. R. L. v. Imrex Co.Supreme Court of the United States · 1985
- Kelsay v. Motorola, Inc.Illinois Supreme Court · 1978
- Haroco, Inc. v. American National Bank and Trust Company of Chicago, Walter E. Heller International Corporation, & Ronald J. GrayheckCourt of Appeals for the Seventh Circuit · 1985
- American Nat. Bank & Trust Co. of Chicago v. Haroco, Inc.Supreme Court of the United States · 1985
10 more not listed; retrieve them via the Exa API.
3Cited by52 opinions
- Schreiber Distributing Co. v. Serv-Well Furniture Co.Court of Appeals for the Ninth Circuit · 1986
- Margaret Morgan and Burton Morgan v. Bank of Waukegan, a Banking CorporationCourt of Appeals for the Seventh Circuit · 1986
- Liquid Air Corp. v. RogersCourt of Appeals for the Seventh Circuit · 1987
- Rebecca J. Schofield v. First Commodity Corporation of Boston, Rebecca J. Schofield v. First Commodity Corporation of BostonCourt of Appeals for the First Circuit · 1986
- Petro-Tech, Inc. v. Western Co. of North AmericaCourt of Appeals for the Third Circuit · 1987
47 more not listed; retrieve them via the Exa API.