Legal Opinion

Geldermann and Company, Inc. v. Lane Processing, Inc.

Court of Appeals for the Eighth Circuit

Decided December 12, 1975No. 75--1145PublishedCited by 57 opinions

1Opinion of the Court

GIBSON, Chief Judge.

In this diversity case the appellant, Lane Processing, Inc., appeals from a judgment entered upon an adverse jury verdict on its counterclaim 1 against appellee Geldermann and Company, Inc., for punitive and compensatory damages for breach of contract and conversion. Geldermann and Company, Inc., is a licensed commodity broker on the Chicago Board of Trade. Lane Processing, 2 a sophisticated trader on the commodities market, was playing the market short during the onset of the bizarre commodity market of 1972 — 1973 when extreme and adverse climatic conditions, combined…

2Cases cited3 opinions

  1. Ora Lee Williams v. Walker-Thomas Furniture Company, William Thorne v. Walker-Thomas Furniture CompanyCourt of Appeals for the D.C. Circuit · 1965
  2. Hume v. United StatesSupreme Court of the United States · 1889
  3. In Re Elkins-Dell Manufacturing CompanyDistrict Court, E.D. Pennsylvania · 1966

3Cited by57 opinions

  1. Fed. Sec. L. Rep. P 94,768 Phil A. Street and Clyde H. Street v. J.C. Bradford & CompanyCourt of Appeals for the Sixth Circuit · 1990
  2. A & M PRODUCE CO. v. FMC Corp.California Court of Appeal · 1982
  3. Perdue v. Crocker National BankCalifornia Supreme Court · 1985
  4. Thomas Conway, Plaintiff-Appellee-Cross-Appellant v. Icahn & Co., Inc., Defendant-Appellant-Cross-AppelleeCourt of Appeals for the Second Circuit · 1994
  5. Morris v. Redwood Empire BancorpCalifornia Court of Appeal · 2005

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