Legal Opinion
Federal Deposit Insurance v. Fedders Air Conditioning, USA, Inc.
Court of Appeals for the First Circuit
Decided September 21, 1994No. 93-1889, 93-1890PublishedCited by 19 opinions
1Opinion of the Court
BOUDIN, Circuit Judge.
On December 1, 1986, Fedders Air Conditioning, USA, Inc. (“Fedders”) signed a contract with Liberty Effingham Limited Partnership (“Liberty”) to sell to Liberty a very large warehouse in Effingham, Illinois, owned by Fedders. The warehouse covered 10 acres and the sale price was $7 million. The warehouse was then under lease to a tenant, Sherwin-Williams, and the contract provided that Liberty would assume Fed-ders’ obligations as landlord with an important qualification concerning roof repairs.
The SherwuirWilliams lease provided that Fedders would make certain roof…
2Cases cited6 opinions
- Kaiser v. MEPC American Properties, Inc.Appellate Court of Illinois · 1987
- Federal Deposit Insurance v. Philadelphia Gear Corp.Supreme Court of the United States · 1986
- Eli B. Jones, of the Estate of Jesse L. Bobo, Deceased v. Federal Deposit Insurance Corporation, in Its Corporate CapacityCourt of Appeals for the Tenth Circuit · 1984
- Abdulla Fouad & Sons v. Federal Deposit Insurance CorporationCourt of Appeals for the Fifth Circuit · 1990
- Federal Deposit Ins. Corporation v. RecordsDistrict Court, W.D. Missouri · 1940
1 more not listed; retrieve them via the Exa API.
3Cited by19 opinions
- Miguel Villafane-Neriz, Insurance Commissioner of Puerto Rico v. Federal Deposit Insurance CorporationCourt of Appeals for the First Circuit · 1996
- Commonwealth Of Massachusetts v. Federal Deposit Insurance CorporationCourt of Appeals for the First Circuit · 1996
- Gemco Latinoamerica, Inc. v. Seiko Time Corp.Court of Appeals for the First Circuit · 1995
- Caldwell Tanks, Inc. v. Haley & Ward, Inc.Court of Appeals for the First Circuit · 2006
- Adagio Investment Holding Ltd. v. Federal Deposit InsuranceDistrict Court, District of Columbia · 2004
14 more not listed; retrieve them via the Exa API.