Rice-Bell Partnership v. Capitol Indemnity Corp.
Court of Civil Appeals of Oklahoma
1Opinion of the Court
OPINION
TAYLOR, J.
11 Plaintiff, Rice-Bell Partnership, appeals the trial court's order finding that Rice-Bell was not entitled to recover on a bond issued by Defendant, Capitol Indemnity Corporation. Based on the record and applicable law, we affirm.
1 2 The genesis of this lawsuit is a $100,000 loan Rice-Bell made to Pryor Livestock Market (PLM), a livestock auction operation. Federal regulations promulgated pursuant to the Packers and Stockyards Act, 7 U.S.C. §§ 181-2831 (1999), required PLM to maintain a trust account for depositing proceeds of livestock sales and disbursing those proceeds…
2Cases cited6 opinions
- Burdick v. Independent School District No. 52Supreme Court of Oklahoma · 1985
- United States v. Joseph Michael GardnerCourt of Appeals for the Fifth Circuit · 1977
- Bankoff v. Board of AdjustmentSupreme Court of Oklahoma · 1994
- In Re Estate of RedwineSupreme Court of Oklahoma · 1968
- Miles v. StarksCourt of Appeals of Texas · 1979
1 more not listed; retrieve them via the Exa API.
3Cited by3 opinions
- Cuozzo v. State, d/b/a University of North DakotaNorth Dakota Supreme Court · 2019
- Meadows v. Century Healthcare, Inc.District Court, N.D. Oklahoma · 2006
- Steadfast Insurance v. Agricultural InsuranceCourt of Appeals for the Tenth Circuit · 2012