Legal Opinion
Instituto Nacional De Comercializacion Agricola (INDECA) v. Continental Illinois National Bank & Trust Co.
District Court, N.D. Illinois
Decided January 21, 1982No. 81 C 1934PublishedCited by 21 opinions
1Opinion of the Court
MEMORANDUM OPINION AND ORDER
SHADUR, District Judge.
Instituto Nacional de Comercialización Agricola (“Indeca”), a quasi-national corporation organized under Guatemalan law, has as part of its responsibility the purchase of foodstuffs and agricultural staples for the Guatemalan people on international markets. It sues a group of defendants for an allegedly fraudulent scheme in which Indeca was bilked of over $5 million in its attempted purchase of 6,000 metric tons of black beans that proved to be nonexistent. Continental Illinois National Bank and Trust Company of Chicago (“Continental”),…
2Cases cited17 opinions
- Klaxon Co. v. Stentor Electric Manufacturing Co.Supreme Court of the United States · 1941
- Ultramares Corp. v. ToucheNew York Court of Appeals · 1931
- Rozny v. MarnulIllinois Supreme Court · 1969
- Citizens Savings & Loan Ass'n v. FischerAppellate Court of Illinois · 1966
- Lyons v. Christ Episcopal ChurchAppellate Court of Illinois · 1979
12 more not listed; retrieve them via the Exa API.
3Cited by21 opinions
- Fed. Sec. L. Rep. P 94,352 Martin A. Rankow v. First Chicago Corp.Court of Appeals for the First Circuit · 1989
- Commercial Credit Equipment Corporation, a Delaware Corporation v. Marion J. StampsCourt of Appeals for the Seventh Circuit · 1990
- Bank of Cochin Ltd. v. Manufacturers Hanover Trust Co.District Court, S.D. New York · 1985
- Banque Paribas v. Hamilton Industries International, Inc.Court of Appeals for the Seventh Circuit · 1985
- Instituto Nacional De Comercializacion Agricola v. Continental Illinois National Bank & Trust Co.District Court, N.D. Illinois · 1983
16 more not listed; retrieve them via the Exa API.