Legal Opinion

Fed. Sec. L. Rep. P 94,913 Asset Allocation and Management Company v. Western Employers Insurance Company

Court of Appeals for the Seventh Circuit

Decided January 3, 1990No. 89-1686PublishedCited by 118 opinions

1Opinion of the Court

POSNER, Circuit Judge.

This interlocutory appeal from rulings leading up to the grant of an injunction brings before us a tangle of jurisdictional and procedural questions. In 1986, Asset Allocation and Management Company, a partnership of three corporations which provides investment advice to insurance companies, was hired by Western Employers Insurance Company, a California insurance company. Asset advised Western to invest in a trading program administered by Jefferies & Company, a brokerage firm. Western took Asset’s advice and invested. The program was a flop. Western lost millions. In…

2Cases cited55 opinions

  1. Kerotest Manufacturing Co. v. C-O-Two Fire Equipment Co.Supreme Court of the United States · 1952
  2. Gulfstream Aerospace Corp. v. Mayacamas Corp.Supreme Court of the United States · 1988
  3. Decker Coal Company v. Commonwealth Edison CompanyCourt of Appeals for the Ninth Circuit · 1986
  4. Semmes Motors, Inc., Suing on Behalf of Itself and Together With Ford Dealers Alliance, Inc., Etc. v. Ford Motor CompanyCourt of Appeals for the Second Circuit · 1970
  5. Donovan v. City of DallasSupreme Court of the United States · 1964

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3Cited by118 opinions

  1. Research Automation, Inc. v. Schrader-Bridgeport International, Inc.Court of Appeals for the Seventh Circuit · 2010
  2. Alltrade, Inc. v. Uniweld Products, Inc.Court of Appeals for the Ninth Circuit · 1991
  3. R.G. Financial Corp. v. Vergara-NuñezCourt of Appeals for the First Circuit · 2006
  4. Richard Murphy v. Richard E. WalkerCourt of Appeals for the Seventh Circuit · 1995
  5. Amsouth Bank (03-5517) First Tennessee Bank (03-5521) v. George DaleCourt of Appeals for the First Circuit · 2004

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