Shambaugh v. Lindsay
Indiana Court of Appeals
1Opinion of the Court
HOFFMAN, Presiding Judge.
On May 18, 1976, David N. Lindsay and Stephen W. Shambaugh entered into a stock sale agreement in which Shambaugh purchased all of the capital stock in Lake-land Disposal Service, Inc. (Lakeland), an Indiana corporation whose principal business was the operation of an industrial waste disposal site. Lindsay subsequently brought suit for money due on contract and to foreclose security interest when Sham-baugh failed to make the final principal payment on this sale. In answer to this complaint Shambaugh admitted default but sought a setoff against damages by virtue of…
Also in this document: Concurrence.
2Cases cited10 opinions
- Metropolitan Coal Co. v. HowardCourt of Appeals for the Second Circuit · 1946
- Shippen v. BowenSupreme Court of the United States · 1887
- Ainger v. Michigan General Corp.District Court, S.D. New York · 1979
- Paccon, Inc. v. The United StatesUnited States Court of Claims · 1968
- Speed Fastners, Inc. v. NewsomCourt of Appeals for the Tenth Circuit · 1967
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- Lilly Industries, Inc. v. Health-Chem Corp.District Court, S.D. Indiana · 1997
- Carpetland U.S.A. v. PayneIndiana Court of Appeals · 1989
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