Legal Opinion
BKCAP, LLC v. CAPTEC Franchise Trust 2000-1
Court of Appeals for the Seventh Circuit
Decided July 13, 2009No. 08-3239, 08-4038PublishedCited by 38 opinions
1Opinion of the Court
TINDER, Circuit Judge.
This ease demonstrates that even experienced, sophisticated business entities can encounter difficulty when drafting carefully negotiated loan documents. Since July 2007, the plaintiffs and the defendant have been at loggerheads over the meaning of just a handful of lines out of several hundred in their five-page, single-spaced Note. Unfortunately, this appeal cannot bring their stalemate to an end, and more litigation lies ahead. However, while disputes over the meaning of language in loan documents can be somewhat dry, this one is more interesting than most such cases.
T…
2Cases cited25 opinions
- Klapp v. United Insurance Group Agency, IncMichigan Supreme Court · 2003
- Hutchison v. Sunbeam Coal Corp.Supreme Court of Pennsylvania · 1986
- Kripp v. KrippSupreme Court of Pennsylvania · 2004
- Eli Lilly & Co. v. Home Insurance Co.Indiana Supreme Court · 1985
- Insurance Adjustment Bureau, Inc. v. Allstate InsuranceSupreme Court of Pennsylvania · 2006
20 more not listed; retrieve them via the Exa API.
3Cited by38 opinions
- Thornton Ex Rel. Estate of Urquhart v. M7 Aerospace LPCourt of Appeals for the Seventh Circuit · 2015
- BRC Rubber & Plastics, Incorpo v. Continental Carbon CompanyCourt of Appeals for the Seventh Circuit · 2018
- David Lawson v. Sun Microsystems, IncorporateCourt of Appeals for the Seventh Circuit · 2015
- INDIA BREWERIES, INC. v. Miller Brewing Co.Court of Appeals for the Seventh Circuit · 2010
- Aeroground, Inc. v. CenterPoint Properties TrustCourt of Appeals for the Seventh Circuit · 2013
33 more not listed; retrieve them via the Exa API.