The Caldwell-Baker Company Baker Group, L.C. And Carle E. Baker, Jr., as Trustee of the Mty Profit Sharing Plan & Trust v. Fred L. Parsons
Court of Appeals for the Seventh Circuit
1Opinion of the Court
EASTERBROOK, Circuit Judge.
Caldwell-Baker Company and affiliates (collectively Caldwell-Baker) leased several hundred railroad cars to Southern Illinois Railcar Company. When the business relation went sour, Caldwell-Baker sued the Railcar Company plus Fred Parsons, its manager and principal investor, for breach of contract and fraud. (For some of the details, see Caldwell-Baker Co. v. Southern Illinois Railcar Co., 225 F.Supp.2d 1243 (D.Kan.2002).) Both the corporation and Parsons now are debtors in bankruptcy, and Caldwell-Baker has filed adversary proceedings seeking damages; it also wants…
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