Legal Opinion
Mid-America Tire, Inc. v. PTZ Trading Ltd.
Ohio Supreme Court
Decided June 5, 2002No. 2001-0020PublishedCited by 21 opinions
1Opinion of the CourtAlice Robie Resnick, J.
I
FACTS
A
Overview
{¶ 1} These appeals arise out of an action brought in the Clermont County Court of Common Pleas to enjoin payment under a letter of credit (“LC”) on the basis of fraud in the underlying transaction. The underlying transaction involved extensive overseas negotiations toward an agreement to import blemished Michelin tires for sale in the United States. A blemished or “blem” tire is one that is cosmetically but not operationally affected by a surface imperfection.
{¶ 2} The gravamen of the fraud claim is that the overseas seller’s agents made certain false promises and…
2Cases cited39 opinions
- Seasons Coal Co. v. City of ClevelandOhio Supreme Court · 1984
- State ex rel. Steckman v. JacksonOhio Supreme Court · 1994
- Boyce's Executors v. GrundySupreme Court of the United States · 1830
- Garono v. StateOhio Supreme Court · 1988
- Harris Corporation v. National Iranian Radio and Television and Bank Melli Iran, DefendantsCourt of Appeals for the Eleventh Circuit · 1982
34 more not listed; retrieve them via the Exa API.
3Cited by21 opinions
- Landskroner v. LandskronerOhio Court of Appeals · 2003
- Tradesmen International, Incor v. John BlackCourt of Appeals for the Seventh Circuit · 2013
- Mid-America Tire v. PTZ TradingOhio Supreme Court · 2002
- Simon Property Group, L.P. v. KillOhio Court of Appeals · 2010
- Dayton Children's Hosp. v. Garrett Day, L.L.C.Ohio Court of Appeals · 2019
16 more not listed; retrieve them via the Exa API.