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