Federal Deposit Insurance Corporation v. W.R. Grace & Co. And Grace Petroleum Corporation

U.S. Court of Appeals, Seventh Circuit · Decided 1989-09-11

Cited by 126 later decision(s) in our corpus · see the citation network in Lexace

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POSNER, Circuit Judge. This case began as a diversity suit (governed, the parties agree, by Illinois law) for fraud. The plaintiff was Continental Illinois National Bank, the defendants W.R. Grace Co. and its wholly owned subsidiary, Grace Petroleum Corporation. The parties treat the two Graces as interchangeable; so shall we. The appeal presents questions of contract law…

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