Legal Opinion
Gorsuch, Ltd., B.C. v. Wells Fargo National Bank Ass'n
Court of Appeals for the Tenth Circuit
Decided November 4, 2014No. 14-1013PublishedCited by 576 opinions
1Opinion of the Court
MATHESON, Circuit Judge.
In 2008, Wells Fargo extended a $14 million line of credit to Gorsuch, Ltd., a ski equipment, apparel, and home furnishing company. In 2009, when Gorsuch, Ltd.’s winter sales were lower than expected, Wells Fargo suspended the line of credit. Gorsuch, Ltd. and the Gorsuch Entities— Gorsuch, Ltd., B.C.; Gorsuch, Limited at Aspen; Gorsuch, Limited at Keystone Mountain; and Gorsuch Cooper, LLC— sued Wells Fargo for damages. 1
The Gorsuch Entities contend they were intended third-party beneficiaries of the Credit Agreement and were not subject to a clause precluding…
2Cases cited24 opinions
- Ashcroft v. IqbalSupreme Court of the United States · 2009
- Bell Atlantic Corp. v. TwomblySupreme Court of the United States · 2007
- Smith v. United StatesCourt of Appeals for the Tenth Circuit · 2009
- Hall v. BellmonCourt of Appeals for the Tenth Circuit · 1991
- Minter v. Prime Equipment Co.Court of Appeals for the Tenth Circuit · 2006
19 more not listed; retrieve them via the Exa API.
3Cited by576 opinions
- Birch v. Polaris Industries, Inc.Court of Appeals for the Tenth Circuit · 2015
- Tesone v. Empire Marketing StrategiesCourt of Appeals for the Tenth Circuit · 2019
- Spring Creek Exploration & Prod. Co. v. Hess Bakken Inv., II, LLCCourt of Appeals for the Tenth Circuit · 2018
- Husky Ventures, Inc. v. B55 Invs., Ltd.Court of Appeals for the Tenth Circuit · 2018
- Premier Comp Solutions LLC v. UPMCCourt of Appeals for the Third Circuit · 2020
571 more not listed; retrieve them via the Exa API.