Botman International, B.V. v. International Produce Imports, Inc.

OPINION

ROTH, Circuit Judge:

This dispute arises out of the nonpayment of a debt between merchants and dealers in produce. For the reasons set forth below, we will affirm the District Court’s grant of summary judgment in favor of Botman International, B.V., on all claims except for imposition of the constructive trust, on which we vacate the District Court’s order and remand for further proceedings consistent with this opinion.

I. Background

Botman International is a Dutch corporation which exports perishable agricultural commodities into the United States. From November, 1997 until August, 1999,…