Legal Opinion
Thomas Bernstein v. Lind-Waldock & Company and Chicago Mercantile Exchange
Court of Appeals for the Seventh Circuit
Decided June 18, 1984No. 83-2420PublishedCited by 136 opinions
1Opinion of the Court
POSNER, Circuit Judge.
This action by a former member of the Chicago Mercantile Exchange, Bernstein, against the Exchange and one of its clearing members, Lind-Waldock, raises intricate questions of federal jurisdiction, involving the timeliness of the appeal, the removability of the action, and the doctrine of pendent-party jurisdiction, as well as substantive issues under the Fifth and Fourteenth Amendments and the Commodity Exchange Act.
Bernstein owned a seat on the International Monetary Market division of the Chicago Mercantile Exchange. In accordance with the rules of the Exchange he…
2Cases cited35 opinions
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- Gully v. First Nat. Bank in MeridianSupreme Court of the United States · 1936
- Moor v. County of AlamedaSupreme Court of the United States · 1973
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3Cited by136 opinions
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- Chauncey L. Moore, Jr. v. The Marketplace Restaurant, Inc.Court of Appeals for the Seventh Circuit · 1985
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