Legal Opinion

Middle East Trading & Marine Service, Inc. v. Mercantile Financial Corp.

Appellate Court of Illinois

Decided April 20, 1977No. 62903PublishedCited by 6 opinions

1Opinion of the CourtJustice Mejda

Plaintiff, Middle East Trading & Marine Service, Inc. (Middle East), brought an action upon its option agreement for the purchase of an oceangoing vessel from defendant, Mercantile Financial Corporation (Mercantile). Count I of the amended complaint alleged breach of contract, and count II alleged unjust enrichment. The option agreement was executed and was to be performed in the State of Louisiana. After a trial without jury, judgment was awarded on June 27, 1975, in favor of Middle East and against Mercantile on count I for *98,975; and, in the alternative, on count II for *86,984.66. On appeal…

2Cases cited8 opinions

  1. Elliott v. DupuySupreme Court of Louisiana · 1961
  2. Cisco v. Van LewCalifornia Court of Appeal · 1943
  3. Friedman Iron & Supply Co. v. J. B. Beaird Co.Supreme Court of Louisiana · 1953
  4. Johnson v. Anderson-Dunham Concrete Co.Supreme Court of Louisiana · 1947
  5. Dantoni v. Board of Levee Commissioners of Orleans Levee DistrictSupreme Court of Louisiana · 1955

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3Cited by6 opinions

  1. American National Bank & Trust Co. v. Weyerhaeuser Co.Court of Appeals for the Seventh Circuit · 1982
  2. American National Bank and Trust Company of Chicago, Cross-Appellee v. Weyerhaeuser Company, Third-Party and Counter-Defendant- Cross-Appellant v. The First Jersey National Bank, Third-Party and Counter-PlaintiffCourt of Appeals for the First Circuit · 1982
  3. Schlosser v. JursichAppellate Court of Illinois · 1980
  4. Farmer v. Federal National Mortgage Ass'nMassachusetts Superior Court · 2013
  5. In re DanastorgUnited States Bankruptcy Court, D. Massachusetts · 2013

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