Legal Opinion
Admanco, Inc. v. 700 Stanton Drive, LLC
Court of Appeals of Wisconsin
Decided April 15, 2009No. 2007AP2791PublishedCited by 3 opinions
1Opinion of the CourtNeubauer, J.
¶ 1. 700 Stanton Drive, LLC, appeals from a summary judgment granted in favor of Admanco, Inc., by its Receiver, Michael S. Polsky. Admanco is in a Wis. Stat. ch. 128 (2007-08)1 receivership proceeding. Admanco had a fifteen-year lease for property rented from Stanton. After Admanco entered into receivership, Stanton, claiming that it is entitled to recover damages for the entire fifteen-year lease period, withdrew funds under two irrevocable standby letters of credit issued by M&I Bank, which were held by Stanton as a security deposit. In related reimbursement agreements with M&I, Admanco…
2Cases cited28 opinions
- Green Spring Farms v. KerstenWisconsin Supreme Court · 1987
- Gross v. HoffmanWisconsin Supreme Court · 1938
- Kollasch v. AdamanyWisconsin Supreme Court · 1981
- In the Matter of Compton Corp., Debtor. Walter Kellogg, Trustee v. Blue Quail Energy, Inc., and Mbank Abilene, N.A.Court of Appeals for the Fifth Circuit · 1988
- In Re: Kaiser Group International Inc., Debtor International Finance Corporation v. Kaiser Group International Inc., Frank J. Perch, Iii, TrusteeCourt of Appeals for the Third Circuit · 2005
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3Cited by3 opinions
- ADMANCO, Inc. ex rel. Polsky v. 700 Stanton Drive, LLCWisconsin Supreme Court · 2010
- ADMANCO, INC. EX REL. POLSKY v. StantonCourt of Appeals of Wisconsin · 2009
- ADMANCO, Inc. ex rel. Polsky v. 700 Stanton Drive, LLCWisconsin Supreme Court · 2010