Legal Opinion
IFC Credit Corp. v. United Business & Industrial Federal Credit Union
Court of Appeals for the Seventh Circuit
Decided January 15, 2008No. 07-1037PublishedCited by 52 opinions
1Opinion of the Court
EASTERBROOK, Chief Judge.
Norvergence sold telecommunications equipment and services — or claimed to do so. After three apparently flourishing years it collapsed.. The supposedly wondrous equipment it sold or rented, which it called a Merged Access Transport Intelligent Xchange (MATRIX) device, turned out to be a standard integrated-access box with none of the benefits that Norvergence had touted.
Our case is one of many filed by IFC Credit Corporation and other commercial factors that bought the right to payments under these contracts. When Norver-gence stopped providing telecom services, its…
2Cases cited26 opinions
- Erie Railroad v. TompkinsSupreme Court of the United States · 1938
- Prima Paint Corp. v. Flood & Conklin Mfg. Co.Supreme Court of the United States · 1967
- Gilmer v. Interstate/Johnson Lane Corp.Supreme Court of the United States · 1991
- Carnival Cruise Lines, Inc. v. ShuteSupreme Court of the United States · 1991
- United States v. Kimbell Foods, Inc.Supreme Court of the United States · 1979
21 more not listed; retrieve them via the Exa API.
3Cited by52 opinions
- Windy City Metal Fabricators & Supply, Inc. v. CIT Technology Financing Services, Inc.Court of Appeals for the Seventh Circuit · 2008
- Deborah Jackson v. Payday Financial, LLCCourt of Appeals for the Seventh Circuit · 2014
- County of Orange v. United States District CourtCourt of Appeals for the Ninth Circuit · 2015
- Taake v. County of MonroeCourt of Appeals for the Seventh Circuit · 2008
- Federal Trade Commission v. IFC Credit Corp.District Court, N.D. Illinois · 2008
47 more not listed; retrieve them via the Exa API.