Geldermann and Company, Inc. v. Lane Processing, Inc.
Court of Appeals for the Eighth Circuit
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
- Ora Lee Williams v. Walker-Thomas Furniture Company, William Thorne v. Walker-Thomas Furniture CompanyCourt of Appeals for the D.C. Circuit · 1965
- Hume v. United StatesSupreme Court of the United States · 1889
- In Re Elkins-Dell Manufacturing CompanyDistrict Court, E.D. Pennsylvania · 1966
3Cited by57 opinions
- 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
- A & M PRODUCE CO. v. FMC Corp.California Court of Appeal · 1982
- Perdue v. Crocker National BankCalifornia Supreme Court · 1985
- Thomas Conway, Plaintiff-Appellee-Cross-Appellant v. Icahn & Co., Inc., Defendant-Appellant-Cross-AppelleeCourt of Appeals for the Second Circuit · 1994
- Morris v. Redwood Empire BancorpCalifornia Court of Appeal · 2005
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