Southwest E & T Suppliers, Inc. v. American Enka Corporation, Akzona, Inc.

DYER, Circuit Judge:

Southwest appeals from an adverse summary judgment entered in a suit brought by it against Enka asserting various claims that had previously been asserted in state and federal suits between the same parties and which had been terminated by a settlement agreement and dismissals with prejudice. Southwest contends that Enka fraudulently induced it to enter into the agreement. We affirm.

Southwest sold telephone wire, cable, and related items which it purchased through Enka’s Brand-Rex division. The purchases were on credit secured by Southwest’s accounts receivable. A…