Legal Opinion
Seko Air Freight, Inc. v. Transworld Systems, Inc.
Court of Appeals for the Seventh Circuit
Decided May 2, 1994No. 93-2620PublishedCited by 7 opinions
1Opinion of the Court
EASTERBROOK, Circuit Judge.
Seko Air Freight, a freight forwarder, signed a contract with Transworld Systems, a debt collector, under which Seko prepaid $50,234 for the right to send 10,000 accounts for collection during the next two years. The transaction is slightly more complex, because some of these accounts rolled over from earlier years, but the details do not matter. Eight months after signing this contract Seko had not transmitted a single account for collection. It terminated the deal and asked Transworld for the money back. Transworld replied that there is no money-back feature, and…
2Cases cited4 opinions
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- Sears Bank & Trust Co. v. Holmstad, Inc.Appellate Court of Illinois · 1985
- Util. L. Rep. P 13,958 City of Albany, Illinois v. Federal Energy Regulatory CommissionCourt of Appeals for the Seventh Circuit · 1993
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