Crompton-Richmond Company, Inc., Factors v. James S. Briggs
Court of Appeals for the Fifth Circuit
1Opinion of the Court
BROWN, Chief Judge:
In the world of corporate finance, the amount of credit one is able to obtain often represents the difference between the success or failure of an enterprise. This case is one in which a skilled and knowledgeable businessman formulated a plan to attempt to bring Grosse Pointe Mills, Inc. (Grosse Pointe), a Rome, Georgia carpet manufacturer, from a losing operation into the capitalist haven of profitability. The plan was to increase sales dramatically in hopes of reversing the nonprofit trend. To do so, Grosse Pointe had to acquire significantly increased inventories of…
2Cases cited18 opinions
- Erie Railroad v. TompkinsSupreme Court of the United States · 1938
- Klaxon Co. v. Stentor Electric Manufacturing Co.Supreme Court of the United States · 1941
- Roberts v. WilliamsCourt of Appeals for the Fifth Circuit · 1971
- Delta Air Lines, Inc., Plaintiff-Appellant-Cross-Appellee v. McDonnell Douglas Corporation, Defendant-Appellee-Cross-AppellantCourt of Appeals for the Fifth Circuit · 1974
- Walter E. Heller & Company v. CoxDistrict Court, S.D. New York · 1972
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3Cited by21 opinions
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- Federal Deposit Insurance Corp., in Its Corporate Capacity v. Cardinal Oil Well Servicing Co., Inc., Jim Cardinal, Don H. Wilson and Paul ConditCourt of Appeals for the Fifth Circuit · 1988
- Matador Drilling Company, Inc. v. George P. Post, D/B/A Post Petroleum CompanyCourt of Appeals for the Fifth Circuit · 1981
- Edward T. Dempsey v. Mac Towing, Inc., Edward T. Dempsey v. Lone Star Industries, Inc.Court of Appeals for the Eleventh Circuit · 1989
16 more not listed; retrieve them via the Exa API.