Legal Opinion

Hold-Trade International, Inc. v. Adams Bank & Trust (In re Quality Processing, Inc.)

Court of Appeals for the Eighth Circuit

Decided November 23, 1993No. 92-2783PublishedCited by 12 opinions

1Opinion of the Court

LOKEN, Circuit Judge.

In this diversity case, plaintiffs Hold-Trade International, Inc., International Grain Trade, Inc., and Rio Del Mar Foods, Inc., appeal a judgment in favor of defendant Adams Bank & Trust (“Adams Bank”). Plaintiffs allege that Adams Bank wrongfully prevented its financially troubled customer, Quality Processing, Inc., (“Quality”), from performing contracts to deliver processed beans to plaintiffs. Following a bench trial, the bankruptcy court and the district court dismissed plaintiffs’ Uniform Commercial Code and common law claims on the ground that no goods had been…

2Cases cited11 opinions

  1. In Re Gregory A. Lemaire, Debtor. Paul Handeen v. Gregory A. LemaireCourt of Appeals for the Eighth Circuit · 1990
  2. Langeland v. Farmers State Bank of TrimontSupreme Court of Minnesota · 1982
  3. Matheson v. StorkNebraska Supreme Court · 1991
  4. Spencer Companies v. Chase Manhattan Bank, N.A.District Court, D. Massachusetts · 1987
  5. Cass Const. Co., Inc. v. BrennanNebraska Supreme Court · 1986

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3Cited by12 opinions

  1. Bankr. L. Rep. P 77,477 in Re: Mary Beth Usery, Debtor. Ewing B. Gourley Carol L. Gourley v. Mary Beth Usery Steven Usery James McLeod Trustee, Fred C. Moon, Trustee of the Estate of Mary Beth Usery, Mary Beth Usery Steven Usery James McLeod Trustee of the Shawn Usery Trust and the Stephanie Usery Trust, William Hart, Trustee Under Certain Deeds of Trust v. Ewing B. Gourley Carol L. Gourley E.B.G. Health Care Iii, Inc. E.B.G. Health Care Iv, Inc. Health Care Retirement Village, Inc. Health Care Laundry Services, Inc.Court of Appeals for the Eighth Circuit · 1997
  2. Consumers Realty & Development Co. v. Goetze (In Re Consumers Realty & Development Co.)United States Bankruptcy Appellate Panel for the Eighth Circuit · 1999
  3. Asbury v. Alliant Bank (In Re Asbury)United States Bankruptcy Appellate Panel for the Eighth Circuit · 2010
  4. Arthur Glick Truck Sales, Inc. v. Stuphen East Corp.District Court, S.D. New York · 2012
  5. United States v. Basler Turbo-67 Conversion Dc-3 Aircraft (1), and Innovair Aviation Ltd. And Bryan Carmichael, Claimants-AppellantsCourt of Appeals for the Ninth Circuit · 1996

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