Legal Opinion

American National Bank & Trust Co. v. Bailey

Court of Appeals for the Seventh Circuit

Decided December 7, 1984No. 83-1972PublishedCited by 19 opinions

1Opinion of the Court

POSNER, Circuit Judge.

This appeal by Chicago Investment Corporation, a party in a multi-party diversity suit, requires us to consider some knotty jurisdictional issues.

To simplify drastically the very complicated facts: A lease granted the tenant an option to buy the leased property, but provided that the option would lapse if the lease was terminated because of the tenant’s default and that any transfer by the tenant of his interest without the landlord’s prior written consent would be a default. The landlord, alleging that a default had occurred (although for other reasons), sued the…

2Cases cited23 opinions

  1. United Mine Workers of America v. GibbsSupreme Court of the United States · 1966
  2. Owen Equipment & Erection Co. v. KrogerSupreme Court of the United States · 1978
  3. Strawbridge v. CurtissSupreme Court of the United States · 1806
  4. Bankers Trust Co. v. MallisSupreme Court of the United States · 1978
  5. Mollan v. TorranceSupreme Court of the United States · 1824

18 more not listed; retrieve them via the Exa API.

3Cited by19 opinions

  1. Aurora Loan Services, Inc. v. Frank Craddieth and Peggy Craddieth, Appeal Of: Midwest Real Estate Investment Company, Intervenor-AppellantCourt of Appeals for the Seventh Circuit · 2006
  2. Argento v. Village of Melrose ParkCourt of Appeals for the Seventh Circuit · 1988
  3. United States v. ZimaCourt of Appeals for the Seventh Circuit · 1985
  4. American National Bank and Trust Company of Chicago, as Trustee Under Trust Agreement Dated January 3, 1967, and Known as Trust No. 24272, Plaintiff- Counterdefendant, Counterplaintiff-Appellee v. Arthur N. Bailey, Defendants-Counterplaintiffs, Counter-Cross v. Chicago Investment Corporation, Counterdefendant, Counter-Cross-PlaintiffCourt of Appeals for the Seventh Circuit · 1984
  5. R.C. Wegman Construction Co. v. Admiral InsuranceCourt of Appeals for the Seventh Circuit · 2011

14 more not listed; retrieve them via the Exa API.

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