Legal Opinion

Xantech Corp. v. Ramco Industries, Inc.

Indiana Court of Appeals

Decided November 30, 1994No. 20A04-9409-CV-346PublishedCited by 14 opinions

1Opinion of the Court

OPINION

RATLIFF, Senior Judge.

STATEMENT OF THE CASE

Xantech Corporation appeals from the trial court's grant of Ramco Industries' request for a preliminary injunction against Society National Bank.

We reverse and remand.

ISSUE

Did the trial court err in granting Rameo's request for a preliminary injunction?

FACTS

On February 15, 1990, Xantech entered into a contract with Rameo 1 for the sale of certain of its assets to Rameo. The purchase price was partially secured by an irrevocable standby letter of credit drawn on Society National Bank's predecessor, Ameritrust National Bank. 2 The letter of…

2Cases cited5 opinions

  1. Pringle-Associated Mortgage Corporation, a Louisiana Corporation v. Southern National Bank of Hattiesburg, Mississippi, a National Banking CorporationCourt of Appeals for the Fifth Circuit · 1978
  2. Wells v. AuberryIndiana Court of Appeals · 1982
  3. Banque Worms v. Banque Commerciale PriveeDistrict Court, S.D. New York · 1988
  4. Whiteco Industries, Inc. v. NickolickIndiana Court of Appeals · 1990
  5. All Season Industries, Inc. v. Tresfjord Boats A/SIndiana Court of Appeals · 1990

3Cited by14 opinions

  1. Indiana Family and Social Services Administration v. Walgreen Co.Indiana Supreme Court · 2002
  2. Jay County Rural Electric Membership Corp. v. Wabash Valley Power Ass'nIndiana Court of Appeals · 1998
  3. Northern Indiana Public Service Co. v. DozierIndiana Court of Appeals · 1996
  4. Reilly v. DalyIndiana Court of Appeals · 1996
  5. Daugherty v. AllenIndiana Court of Appeals · 2000

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