Legal Opinion
Phenix Federal Savings & Loan Ass'n, F.A. v. Shearson Loeb Rhoades, Inc.
Court of Appeals for the Eighth Circuit
Decided September 9, 1988No. Nos. 86-1407 to 86-1409PublishedCited by 7 opinions
1Opinion of the Court
ARNOLD, Circuit Judge.
This case developed from a complex series of financing deals for three ethanol plants in Iowa. The trial was bifurcated, the liability phase being tried first. The jury found that Shearson Loeb Rhoades, Inc., negligently misrepresented to the owners of the plants, Leonard Conrad, Jerry Hansen, and Donald E. and Eloise Hau-pert, and their related companies, that it would secure permanent financing of the plants by underwriting industrial development bonds. Shearson was also found to have broken a contract to provide this financing. In addition, the jury found that…
2Cases cited7 opinions
- Superior Oil Co. v. FulmerCourt of Appeals for the Eighth Circuit · 1986
- Rowe International, Inc. v. J-B Enterprises, Inc.Court of Appeals for the Eighth Circuit · 1981
- Sheppard Federal Credit Union v. Michael A. PalmerCourt of Appeals for the Fifth Circuit · 1969
- Holmberg v. MorrisetteCourt of Appeals for the Eighth Circuit · 1986
- Bailey v. Iowa Beef Processors, Inc.Supreme Court of Iowa · 1973
2 more not listed; retrieve them via the Exa API.
3Cited by7 opinions
- Wright v. JonesCourt of Appeals for the Eighth Circuit · 1990
- Nofziger Communications, Inc., a District of Columbia Corporation v. Frederick P. Birks, as Trustee of the Wynmark TrustCourt of Appeals for the D.C. Circuit · 1993
- Daniels v. Woodbury County, IowaDistrict Court, N.D. Iowa · 1986
- Nofziger Communications, Inc. v. BirksDistrict Court, District of Columbia · 1991
- Phenix Federal Savings & Loan Association, F.A. v. Shearson Loeb Rhoades, Inc., K/n/a Shearson/american Express, Inc., Hansen-Friedrichsen, Inc. Dallas County Alcohol Jerry Hansen Yvonne Hansen Haupert Livestock, Inc. And Donald E. And Eloise Haupert v. Shearson Loeb Rhoades, Inc., K/n/a Shearson/american Express, Inc., Shearson Loeb Rhoades, Inc., K/n/a Shearson/american Express, Inc. v. Phenix Federal Savings & Loan Association, F.A. Hansen-Friedrichsen, Inc. Dallas County Alcohol Jerry Hansen Yvonne Hansen Haupert Livestock, Inc. And Donald E. And Eloise HaupertCourt of Appeals for the Eighth Circuit · 1988
2 more not listed; retrieve them via the Exa API.