Legal Opinion

Guaranty National Title Company, Inc. v. J.E.G. Associates

Court of Appeals for the Seventh Circuit

Decided November 15, 1996No. 96-1089PublishedCited by 180 opinions

1Opinion of the Court

EASTERBROOK, Circuit Judge.

Serving as the escrow agent for the sale of an apartment and office complex in King of Prussia, Pennsylvania, Guaranty National Title Company withheld $9,650 to ensure payment of a transfer tax. After J.E.G. Associates, the buyer, verified, that it had paid the tax, Guaranty remitted the retained sum. Unfortunately, someone added a zero, and J.E.G. received $96,500. It kept mum about the excess, and when Guaranty eventually discovered the discrepancy and demanded repayment, J.E.G. refused. It concedes that Guaranty owed it only $9,650 and that the rest is a…

2Cases cited7 opinions

  1. Carden v. Arkoma AssociatesSupreme Court of the United States · 1990
  2. Navarro Savings Assn. v. LeeSupreme Court of the United States · 1980
  3. Robertson v. CeaseSupreme Court of the United States · 1878
  4. Steigleder v. McQuestenSupreme Court of the United States · 1905
  5. America's Best Inns, Inc., Cross-Appellee v. Best Inns of Abilene, L.P., Cross-AppellantCourt of Appeals for the Seventh Circuit · 1992

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3Cited by180 opinions

  1. Carl E. Thomas v. Guardsmark, LLCCourt of Appeals for the Seventh Circuit · 2007
  2. Norman Meyerson v. Harrah's East Chicago CasinoCourt of Appeals for the Seventh Circuit · 2002
  3. Belleville Catering Co. v. Champaign Market Place, L.L.C.Court of Appeals for the Seventh Circuit · 2003
  4. Indiana Gas Company, Inc. v. Home Insurance CompanyCourt of Appeals for the Seventh Circuit · 1998
  5. Melissa Hart and John Hart v. Terminex International, a Delaware Corporation, Doing Business as Balantyne Pest ControlCourt of Appeals for the Seventh Circuit · 2003

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

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