Legal Opinion
Betaco, Inc. v. The Cessna Aircraft Company
Court of Appeals for the Seventh Circuit
Decided December 10, 1996No. 95-1727PublishedCited by 6 opinions
1Opinion of the Court
ILANA DIAMOND ROVNER, Circuit Judge.
Betaco, Inc. agreed to purchase a six-passenger Citation Jet from the Cessna Aircraft Company for $2.495 million. After making deposits totaling $150,000 toward the purchase of the aircraft, Betaco decided that the anticipated range of the plane was unsatisfactory and canceled the contract. Cessna, invoking a contractual provision entitling it to keep deposits as liquidated damages in the event of cancellation, refused to return the $150,000 Betaco had advanced. Betaco filed this diversity action contending, among other things, that'Cessna had breached, a…
2Cases cited8 opinions
- L.S. Heath & Son, Inc. v. At & T Information Systems, Inc.Court of Appeals for the Seventh Circuit · 1993
- Mary J. Carr v. Allison Gas Turbine Division, General Motors CorporationCourt of Appeals for the Seventh Circuit · 1994
- Charlie McGee and Cross-Appellee v. Equicor-Equitable Hca Corporation, and Equicor Health Plan, Inc., and Cross-AppellantsCourt of Appeals for the Tenth Circuit · 1992
- Transamerica Oil Corporation v. Lynes, Inc. And Baker International CorporationCourt of Appeals for the Tenth Circuit · 1983
- Betaco, Inc. v. Cessna Aircraft CompanyCourt of Appeals for the Seventh Circuit · 1994
3 more not listed; retrieve them via the Exa API.
3Cited by6 opinions
- Grigsby v. Carmell (In Re Apex Automotive Warehouse, L.P.)United States Bankruptcy Court, N.D. Illinois · 1999
- School-Link Technologies, Inc. v. Applied Resources, Inc.District Court, D. Kansas · 2007
- Utica Mutual Insurance Company v. Vigo Coal Company, Inc.Court of Appeals for the Seventh Circuit · 2004
- Shea Homes, Inc. v. CommissionerUnited States Tax Court · 2014
- Utica Mutual Insurance v. Vigo Coal Co.Court of Appeals for the Seventh Circuit · 2004
1 more not listed; retrieve them via the Exa API.