Legal Opinion

Sinclair & Co., Inc. v. Gurule

Idaho Court of Appeals

Decided June 1, 1988No. 16219PublishedCited by 6 opinions

1Opinion of the Court

SWANSTROM, Judge.

Sinclair & Company, Inc., a futures commission merchant, obtained a judgment against Raymond Gurule for the debit balance of his customer account. On appeal, Gurule contends: the district court lacked subject matter jurisdiction; Sinclair’s claim is not enforceable as a matter of public policy; Sinclair has no corporate authority to engage in the business of commodity trading or futures contracts; and the district court erred in refusing to quash Sinclair’s writ of attachment. We affirm.

On February 2, 1983, Gurule executed a customer agreement with Sinclair, under which a…

2Cases cited15 opinions

  1. Thomas v. Union Carbide Agricultural Products Co.Supreme Court of the United States · 1985
  2. Minich v. Gem State Developers, Inc.Idaho Supreme Court · 1979
  3. Board of Trade of Chicago v. Christie Grain & Stock Co.Supreme Court of the United States · 1905
  4. Jerry J. Kerr v. First Commodity Corporation of BostonCourt of Appeals for the First Circuit · 1984
  5. Rupert v. Clayton Brokerage Co. of St. LouisSupreme Court of Colorado · 1987

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3Cited by6 opinions

  1. Borah v. McCandlessIdaho Supreme Court · 2009
  2. Karlson v. HarrisIdaho Supreme Court · 2004
  3. Ernst v. Hemenway and Moser Co., Inc.Idaho Court of Appeals · 1995
  4. Craig v. GellingsIdaho Court of Appeals · 2009
  5. Robert A. Kantor v. Sondra Louise KantorIdaho Supreme Court · 2016

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

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