Legal Opinion
A.I. Credit Corporation v. Legion Insurance Co.
Court of Appeals for the Seventh Circuit
Decided September 12, 2001No. 00-3848PublishedCited by 66 opinions
1Opinion of the Court
FAIRCHILD, Circuit Judge.
A.I. Credit Corporation is a premium finance company that lends its clients money to pay commercial insurance premiums. When one of its clients, Monon Corporation, was placed into involuntary bankruptcy without repaying more than $2 million in insurance financing debts, A.I. Credit brought this fraud suit alleging primarily that the individuals who negotiated two Monon loans in 1996 conspired to defraud A.I. Credit by misrepresenting the status of the collateral and the intended use of the loan proceeds. 1 The district court entered summary judgment against two of the…
2Cases cited19 opinions
- Webb v. JarvisIndiana Supreme Court · 1991
- United States v. TaylorDistrict Court, M.D. North Carolina · 1996
- Essex v. RyanIndiana Court of Appeals · 1983
- Plymale v. UprightIndiana Court of Appeals · 1981
- Rainey v. American Forest and Paper Ass'n, Inc.District Court, District of Columbia · 1998
14 more not listed; retrieve them via the Exa API.
3Cited by66 opinions
- Danny Snapp v. Bnsf Railway Co.Court of Appeals for the Ninth Circuit · 2018
- Keepers, Inc. v. City of MilfordCourt of Appeals for the Second Circuit · 2015
- Urnikis-Negro v. American Family Property ServicesCourt of Appeals for the Seventh Circuit · 2010
- Indianapolis Airport Authority v. Travelers Property Casualty Co. of AmericaCourt of Appeals for the Seventh Circuit · 2017
- United States v. TannerCourt of Appeals for the Seventh Circuit · 2010
61 more not listed; retrieve them via the Exa API.