Legal Opinion
Lear Corporation v. Johnson Electric Holdings Limited and Nevada Bond Investment Corp. II
Court of Appeals for the Seventh Circuit
Decided December 30, 2003No. 03-2932PublishedCited by 130 opinions
1Opinion of the Court
EASTERBROOK, Circuit Judge.
In 1999 Lear Corporation, which specializes in automotive interiors, purchased UT Automotive, Inc. (UTA), the automotive operations of United Technologies Corporation, through an intermediary called Nevada Bond. Lear spun off UTA’s electrical motors division to Johnson Electric Holdings Ltd. while retaining the balance of the business. Automobile and motors businesses come with risks of environmental liability, given their reliance on long-lasting fluids that can leak and reach the ground. The transactions therefore included reciprocal agreements to indemnify.…
2Cases cited9 opinions
- Carden v. Arkoma AssociatesSupreme Court of the United States · 1990
- Barry C. Cosgrove, Cross-Appellee v. Joseph Bartolotta and Mary-Bart, Llc, Doing Business as Bartolotta's Lake Park BistroCourt of Appeals for the Seventh Circuit · 1998
- Jennie A. Mayer v. Gary Partners and Company, Limited, and K-Mart CorporationCourt of Appeals for the Seventh Circuit · 1994
- Travelers Insurance Companies v. Penda CorporationCourt of Appeals for the Seventh Circuit · 1992
- JPMorgan Chase Bank v. Traffic Stream (BVI) Infrastructure Ltd.Supreme Court of the United States · 2002
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3Cited by130 opinions
- Meridian Security Insurance Co. v. David L. SadowskiCourt of Appeals for the Seventh Circuit · 2006
- Winshall v. Viacom International Inc.Supreme Court of Delaware · 2013
- William Hawkins v. i-TV Digitalis Tavkozlesi Zrt.Court of Appeals for the Fourth Circuit · 2019
- Medical Assur. Co., Inc. v. HellmanCourt of Appeals for the Seventh Circuit · 2010
- Pearlie Gambrel v. Knox Cnty., Ky.Court of Appeals for the Sixth Circuit · 2022
125 more not listed; retrieve them via the Exa API.