Legal Opinion
Top of Iowa Cooperative v. Sime Farms, Inc.
Supreme Court of Iowa
Decided March 22, 2000No. 98-1166PublishedCited by 107 opinions
1Opinion of the Court
TERNUS, Justice.
The appellee, Top of Iowa Cooperative, sued the appellant, Sime Farms, Inc., for damages arising out of Sime Farms’ failure to deliver corn under four hedge-to-arrive (HTA) contracts. Sime Farms claimed that the contracts were illegal and that, in any event, the Coop had repudiated the contract by making an unreasonable demand for assurances. A jury found in favor of the Coop and awarded damages against Sime Farms. We affirm.
I. Background Facts and Proceedings.
A. Hedge-to-arrive contracts. Before we discuss the particular facts of this case, it is helpful to briefly review the…
2Cases cited38 opinions
- Asarco Inc. v. KadishSupreme Court of the United States · 1989
- Hill v. WallaceSupreme Court of the United States · 1922
- Commodity Futures Trading Commission v. Co Petro Marketing Group, Inc., a California Corporation Harold D. Goldstein and Michael Bradley KrivacekCourt of Appeals for the Ninth Circuit · 1982
- Kaiser-Francis Oil Company, a Delaware Corporation v. Producer's Gas Company, a Texas CorporationCourt of Appeals for the Tenth Circuit · 1989
- Salomon Forex, Inc. v. TauberCourt of Appeals for the Fourth Circuit · 1993
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3Cited by107 opinions
- State of Iowa v. Robert Paul KrogmannSupreme Court of Iowa · 2011
- Channon v. United Parcel Service, Inc.Supreme Court of Iowa · 2001
- Smidt v. PorterSupreme Court of Iowa · 2005
- Summy v. City of Des MoinesSupreme Court of Iowa · 2006
- Robert Krogmann v. State of IowaSupreme Court of Iowa · 2018
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