Northern Heel Corp. v. Compo Industries, Inc.
Court of Appeals for the First Circuit
1Opinion of the Court
SELYA, Circuit Judge.
After defendant-appellant Compo Industries, Inc. (Compo) negotiated a purchase and sale agreement (the Agreement) referable to the assets of plaintiff-appellee Northern Heel Corporation (Noheel), it failed to close and instead invited renegotiation of the sale at a reduced price. 1 No-heel declined the invitation, insisted that the closing should have gone forward as originally agreed, and brought suit. Compo counterclaimed. Following a two day Rule 65 hearing and a five day bench trial, the United States District Court for the District of New Hampshire found that…
2Cases cited68 opinions
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- Blum v. StensonSupreme Court of the United States · 1984
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- Bourjaily v. United StatesSupreme Court of the United States · 1987
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