Dennis Nagel v. Adm Investor Services, Inc.
Court of Appeals for the Seventh Circuit
1Opinion of the Court
POSNER, Chief Judge.
This is another chapter in the continuing saga of “flexible” or “enhanced” hedge-to-arrive contracts (we’ll call these “flex HTAs”); for the earlier chapters see Lachmund v. ADM Investor Services, Inc., 191 F.3d 777 (7th Cir.1999), and Harter v. Iowa Grain Co., 211 F.3d 338 (7th Cir.2000), in light of which we can be brief.
The plaintiffs in these five consolidated cases are farmers who entered into contracts to deliver grain to grain elevators and other grain merchants, the defendants, at a specified future date. So far, we are describing an ordinary forward (sometimes…
2Cases cited46 opinions
- Amchem Products, Inc. v. WindsorSupreme Court of the United States · 1997
- General Telephone Co. of Southwest v. FalconSupreme Court of the United States · 1982
- Prima Paint Corp. v. Flood & Conklin Mfg. Co.Supreme Court of the United States · 1967
- Dianne Castano v. The American Tobacco CompanyCourt of Appeals for the Fifth Circuit · 1996
- Merrill Lynch, Pierce, Fenner & Smith, Inc. v. CurranSupreme Court of the United States · 1982
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- Massoud Bassidji v. Simon Soul Sun GoeCourt of Appeals for the Ninth Circuit · 2005
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