Legal Opinion

Maurice Shacket and Sylvia Shacket, Plaintiffs-Counterdefendants-Appellees v. Philko Aviation, Inc., Defendant-Counterplaintiff-Appellant

Court of Appeals for the Seventh Circuit

Decided March 2, 1988No. 86-3030PublishedCited by 27 opinions

1Opinion of the Court

POSNER, Circuit Judge.

This case, now in its tenth year, involves a dispute over title to an airplane. The plaintiffs are Mr. and Mrs. Shacket; the defendant is Philko Aviation, Inc.; and the basis of federal jurisdiction is diversity of citizenship. Through a complex series of transactions unnecessary to describe, Phil-ko, which is owned by an experienced and successful businessman named Edward McArdle, became the lessor of facilities used by an aircraft dealer named Roger Smith. In November 1977 Smith agreed to sell the Shackets a Piper airplane for $290,-000 (we round off all dollar figures…

2Cases cited18 opinions

  1. Junior Ray Duckworth, Cross-Appellants v. Gayle Franzen, Cross-AppelleesCourt of Appeals for the Seventh Circuit · 1986
  2. Stowers v. MahonCourt of Appeals for the Fifth Circuit · 1976
  3. United States v. Beverly J. Ramsey, Michael J. Marshall, Stuart A. McCreary and James Joseph O'DOnnellCourt of Appeals for the Seventh Circuit · 1986
  4. Philko Aviation, Inc. v. ShacketSupreme Court of the United States · 1983
  5. United States v. John Josefik and Charles SoterasCourt of Appeals for the Seventh Circuit · 1985

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

3Cited by27 opinions

  1. In the Matter of USA Diversified Products, Inc., Debtor. R. David Boyer, Trustee v. Carlton, Fields, Ward, Emmanuel, Smith & Cutler, P.A.Court of Appeals for the Seventh Circuit · 1996
  2. Nancy E. Torry v. Northrop Grumman CorporationCourt of Appeals for the Seventh Circuit · 2005
  3. West v. WaymireCourt of Appeals for the Seventh Circuit · 1997
  4. Kennedy v. WrightCourt of Appeals for the Seventh Circuit · 1988
  5. Carlton, Fields, Ward, Emmanuel, Smith & Cutler, P.A. v. Boyer (In Re U.S.A. Diversified Products, Inc.)District Court, N.D. Indiana · 1996

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

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