Legal Opinion

IDS Life Insurance v. SunAmerica, Inc.

Court of Appeals for the Seventh Circuit

Decided December 18, 1996No. Nos. 96-2314, 96-2871PublishedCited by 37 opinions

1Opinion of the Court

POSNER, Chief Judge.

The plaintiffs, claiming that the defendants have been “raiding” their employees in violation of a host of federal and state laws, brought these two consolidated suits in February of 1995, seeking damages and injunctive relief. The plaintiffs are subsidiaries of American Express. Although one is also an insurance company, both are engaged in the securities business and are members of the National Association of Securities Dealers. The defendants are four affiliated corporations (one an insurance company) that compete with the plaintiffs. Two of the four, Royal Alliance and…

2Cases cited35 opinions

  1. Moses H. Cone Memorial Hospital v. Mercury Construction Corp.Supreme Court of the United States · 1983
  2. Colorado River Water Conservation District v. United StatesSupreme Court of the United States · 1976
  3. Landis v. North American Co.Supreme Court of the United States · 1936
  4. McCarthy v. MadiganSupreme Court of the United States · 1992
  5. Swint v. Chambers County CommissionSupreme Court of the United States · 1995

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3Cited by37 opinions

  1. In Re Merrill Lynch Trust Co. FSBTexas Supreme Court · 2007
  2. Ids Life Insurance Co. v. Sunamerica, Inc.Court of Appeals for the Seventh Circuit · 1997
  3. Mendez v. Puerto Rican International Companies, Inc.Court of Appeals for the Third Circuit · 2009
  4. Isabelle Franklin v. Cmty. Regl Med. Ctr.Court of Appeals for the Ninth Circuit · 2021
  5. Praefke Auto Electric & Battery Company, Inc. v. Tecumseh Products Company, Inc.Court of Appeals for the Seventh Circuit · 2001

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