Legal Opinion

Willco Kuwait (Trading) SAK v. DeSavary

District Court, D. Rhode Island

Decided June 25, 1986No. Civ. A. 83-0590BPublishedCited by 5 opinions

1Opinion of the Court

OPINION

FRANCIS J. BOYLE, Chief Judge.

Plaintiff, Willco Kuwait (Trading) S.A.K., sued Defendant Peter J. DeSavary alleging securities and common law fraud in the negotiation of a sales contract between the parties. Defendant counterclaimed seeking damages for breach of the contract. The action was tried to a jury and the jury returned a verdict for Defendant on Plaintiffs claim and a verdict of $25,300,000 for Defendant on his counterclaim. The jury apparently concluded that Defendant was entitled to $20,000,000 as money owed under the contract and $5,300,000 in consequential damages.…

2Cases cited10 opinions

  1. Linn v. United Plant Guard Workers of America, Local 114Supreme Court of the United States · 1966
  2. Montgomery Ward & Co. v. DuncanSupreme Court of the United States · 1940
  3. Ruth Panter v. Marshall Field & Co., Richard Weiss v. Marshall Field & Co.Court of Appeals for the Seventh Circuit · 1981
  4. Owens v. Aetna Life & Casualty Co.Supreme Court of the United States · 1981
  5. Marion v. Coffran v. Hitchcock Clinic, Inc.Court of Appeals for the First Circuit · 1982

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3Cited by5 opinions

  1. Spence v. Allstate Insurance Co.Tennessee Supreme Court · 1994
  2. Willco Kuwait (Trading) S.A.K. v. deSavaryCourt of Appeals for the First Circuit · 1988
  3. Fleet National Bank v. Anchor Media Television, Inc.District Court, D. Rhode Island · 1993
  4. Say v. the Prior Oil Co.Superior Court of Pennsylvania · 1945
  5. Fed. Sec. L. Rep. P 93,705, 25 Fed. R. Evid. Serv. 658 Willco Kuwait (Trading) S.A.K. v. Peter J. Desavary, Willco Kuwait (Trading) S.A.K. v. Peter J. DesavaryCourt of Appeals for the First Circuit · 1988

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