Legal Opinion

Jon E. Saltzman and Paul E. Saltzman v. Farm Credit Services of Mid-America, Aca

Court of Appeals for the Seventh Circuit

Decided December 9, 1991No. 90-3542PublishedCited by 20 opinions

1Opinion of the Court

FLAUM, Circuit Judge.

This is a case of first impression in this Circuit. The sole issue on appeal is whether an implied private right of action is available for alleged violations of the Agricultural Credit Act of 1987 (the Act), 12 U.S.C. §§ 2001 to 2279aa-14 (1988). Following decisions in the Eighth, Ninth, and Tenth Circuits, the district court found no implied private right of action under the Act and granted defendant’s motion to dismiss. We now join these circuits and affirm the decision of the district court.

Jon and Paul Saltzman, owners of a farm in Indiana, sought to restructure…

2Cases cited17 opinions

  1. Cort v. AshSupreme Court of the United States · 1975
  2. Touche Ross & Co. v. RedingtonSupreme Court of the United States · 1979
  3. Middlesex County Sewerage Authority v. National Sea Clammers Assn.Supreme Court of the United States · 1981
  4. Transamerica Mortgage Advisors, Inc. v. LewisSupreme Court of the United States · 1979
  5. Northwest Airlines, Inc. v. Transport Workers UnionSupreme Court of the United States · 1981

12 more not listed; retrieve them via the Exa API.

3Cited by20 opinions

  1. Iris Statland v. American Airlines, Inc.Court of Appeals for the Seventh Circuit · 1993
  2. The Government of Guam v. American President LinesCourt of Appeals for the D.C. Circuit · 1994
  3. State Ex Rel. Farm Credit Bank v. District Court of the Third Judicial DistrictMontana Supreme Court · 1994
  4. Spicer v. Chicago Board of Options Exchange, Inc.Court of Appeals for the Seventh Circuit · 1992
  5. Dewey A. Wagner v. Pennwest Farm Credit, Aca a Corporation. Dewey A. Wagner v. Pennwest Farm Credit, Aca a Corporation Gary J. Gaertner, Trustee James L. Witherup Kathy L. Weaver. Dewey A. Wagner v. Pennwest Farm Credit, Aca a CorporationCourt of Appeals for the Third Circuit · 1997

15 more not listed; retrieve them via the Exa API.

Showing a preview — retrieve the full document via the Exa API.

Powered by the Exa API