Legal Opinion

Fix v. Quantum Industrial Partners LDC

Court of Appeals for the Seventh Circuit

Decided July 6, 2004No. 03-3967Published

1Opinion of the Court

TERENCE T. EVANS, Circuit Judge.'

As his name implies, Roger Fix had the reputation of a man who could fix things. In this case, Outboard Marine Corporation (OMC) (of which the defendant Quantum was controlling investor) hired Fix in an effort to save its fledgling business. Fix could not, however, turn the company around. Shortly after Fix began, Quantum discontinued its investment, and OMC declared bankruptcy. After its assets were sold, OMC fired Fix. In response, Fix filed suit in the Northern District of Illinois seeking payment under a clause in his employment agreement which requires…

2Cases cited8 opinions

  1. Rhone-Poulenc Basic Chemicals Co. v. American Motorists Insurance Co.Supreme Court of Delaware · 1992
  2. Citadel Holding Corp. v. RovenSupreme Court of Delaware · 1992
  3. Randy v. Progressive Northern Insurance Co.Supreme Court of Delaware · 2001
  4. Guerini Stone Co. v. P. J. Carlin Construction Co.Supreme Court of the United States · 1916
  5. E.I. Du Pont De Nemours & Co. v. Allstate Insurance Co.Supreme Court of Delaware · 1997

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