Legal Opinion
Joseph I. Askren v. 21st Street Inn and Third Savings and Loan Company
Court of Appeals for the Third Circuit
Decided February 4, 1993No. 92-1759PublishedCited by 1 opinion
1Opinion of the Court
POSNER, Circuit Judge.
This is a diversity suit to enforce a vendor’s lien. We can simplify the facts. The plaintiff, Askren, owner of a two-acre parcel of land in Indianapolis, made a contract with Cardinal Industries, a hotel chain, to sell the parcel to Cardinal for $250,000. Half of the purchase price was to be paid in cash to Askren at the closing and the other half was to be paid in equal installments, together with interest at 9 percent a year, on the first and second anniversaries of the closing. The agreement was on a printed form, but a clause had been typed in which stated that…
2Cases cited12 opinions
- Alan B. Miller, Trustee in Bankruptcy of American Ibc Corp., Bankrupt v. Wells Fargo Bank International Corp.Court of Appeals for the Second Circuit · 1976
- Security Warehousing Co. v. HandSupreme Court of the United States · 1907
- Krauss Bros. Lumber v. Dimon Steamship Corp.Supreme Court of the United States · 1933
- United States v. SpeersSupreme Court of the United States · 1965
- United States v. SpeersSupreme Court of the United States · 1966
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3Cited by1 opinion
- Wachovia Financial Services, Inc. v. Dune Harbor, LLCIndiana Court of Appeals · 2011