Stotler and Company, Cross-Appellee v. William J. Able, Cross-Appellant
Court of Appeals for the Seventh Circuit
1Opinion of the Court
KANNE, Circuit Judge.
Stotler and Company, a futures commission merchant, brought an action in the district court to recover an alleged deficit in William J. Abie’s discretionary trading account. Stotler received a writ of attach ment, freezing Abie’s assets at J.F. Dalton Associates’ commodities futures trading house. The district court later dismissed the action and vacated the writ of attachment. However, because of confusion surrounding the events leading up to the dismissal and occurring immediately thereafter, Dalton failed to release the funds before Stotler filed another suit and…
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