Legal Opinion
Armco Industrial Credit Corporation v. Slt Warehouse Company, and Richard B. Conklin
Court of Appeals for the Fifth Circuit
Decided February 7, 1986No. 84-1828PublishedCited by 75 opinions
1Opinion of the Court
JOHN R. BROWN, Circuit Judge:
The defendants SLT Warehouse Co. and Richard Conklin appeal from a $2 million RICO judgment that was based on losses sustained by the plaintiff in extending credit to a now-defunct oilfield supply company. In a nutshell, the case turns on the actions or nonactions of Conklin. The verdict in the trial court was based upon the jury’s apparent conclusion that Conklin’s knowledge of a fraud perpetrated on the plaintiff by third parties and his failure to alert the plaintiff constituted aiding and abetting the fraud. The jury also apparently determined that Conklin’s…
2Cases cited20 opinions
- Sedima, S. P. R. L. v. Imrex Co.Supreme Court of the United States · 1985
- The Boeing Company v. Daniel C. ShipmanCourt of Appeals for the Fifth Circuit · 1969
- Nye & Nissen v. United StatesSupreme Court of the United States · 1949
- Atlantic & Gulf Stevedores, Inc. v. Ellerman Lines, Ltd.Supreme Court of the United States · 1962
- SEDIMA, S.P.R.L., Appellant, v. IMREX COMPANY, INC., Gidon Armon and Jacob Armon, AppelleesCourt of Appeals for the Second Circuit · 1984
15 more not listed; retrieve them via the Exa API.
3Cited by75 opinions
- Cullen v. MargiottaCourt of Appeals for the Second Circuit · 1987
- Holt Oil & Gas Corporation and Faywin Investments, Pty. Ltd., Plaintiffs-Counter v. Ralph L. Harvey, Defendant-CounterCourt of Appeals for the Fifth Circuit · 1986
- Access Telecom, Inc. v. MCI Telecommunications Corp.Court of Appeals for the Fifth Circuit · 1999
- Brandenburg v. SeidelCourt of Appeals for the Fourth Circuit · 1988
- Liquid Air Corp. v. RogersCourt of Appeals for the Seventh Circuit · 1987
70 more not listed; retrieve them via the Exa API.