Legal Opinion
Acequia, Inc. v. Prudential Insurance Company of America
Court of Appeals for the Seventh Circuit
Decided September 1, 2000No. 99-4051PublishedCited by 31 opinions
1Opinion of the Court
CUDAHY, Circuit Judge.
Acequia, Inc., an Idaho family farming operation, obtained a $4 million loan from Prudential in 1977. The security for the loan was Acequia’s 7,600 acres of farm property. The note was to mature on March 15, 1992. In 1981, Acequia defaulted on the loan. Prudential began foreclosure proceedings, but Acequia filed for bankruptcy protection. For the next two years, Acequia worked on a reorganization plan; Prudential approved this Bankruptcy Plan (the Plan) and the bankruptcy court confirmed it in 1984. But the two companies continued feuding, and in 1987, Acequia sued…
2Cases cited7 opinions
- Parklane Hosiery Co. v. ShoreSupreme Court of the United States · 1979
- Dr. Thaddeus Malak v. Associated Physicians, Inc.Court of Appeals for the Seventh Circuit · 1986
- Murphy v. Keystone Steel & Wire Co.Court of Appeals for the Seventh Circuit · 1995
- Silver Syndicate, Inc. v. Sunshine Mining Co.Idaho Supreme Court · 1979
- Carmencita Simpson v. Merchants Recovery Bureau, Inc., Doing Business as Recoveries UnlimitedCourt of Appeals for the Seventh Circuit · 1999
2 more not listed; retrieve them via the Exa API.
3Cited by31 opinions
- Judson Atkinson Candies, Inc. v. Latini-Hohberger DhimantecCourt of Appeals for the Seventh Circuit · 2008
- Ahmmad Pourghoraishi v. Flying J, Incorporated, Steve Lindgren, Larry Williams, City of Gary, Indiana, Nakon Security, IncorporatedCourt of Appeals for the Seventh Circuit · 2006
- Kellar v. Summit Seating Inc.Court of Appeals for the Seventh Circuit · 2011
- Bodenstab v. County of CookCourt of Appeals for the Seventh Circuit · 2009
- Harvey v. Town of MerrillvilleCourt of Appeals for the Seventh Circuit · 2011
26 more not listed; retrieve them via the Exa API.