YARN INDUSTRIES v. KRUPP INTERN., INC.

No. 83-1989.

736 F.2d 125 (1984)

YARN INDUSTRIES, INC., Appellant, v. KRUPP INTERNATIONAL, INC., Appellee.

United States Court of Appeals, Fourth Circuit.

Decided June 6, 1984.


Attorney(s) appearing for the Case

Robert D. Dearborn, Charlotte, N.C. (Moore, Van Allen & Allen, Charlotte, N.C., James C. McLeod, Jr., Willcox, Hardee, McLeod, Buyck & Baker, Florence, S.C., on brief), for appellant.

C. Dexter Powers, Florence, S.C. (Wright, Scott, Blackwell & Powers, Florence, S.C., on brief) and Herbert Rubin, New York City (Herzfeld & Rubin, P.C., Peter J. Kurshan, New York City, on brief), for appellee.

Before SPROUSE and ERVIN, Circuit Judges, and HAYNSWORTH, Senior Circuit Judge.


SPROUSE, Circuit Judge:

Yarn Industries, Inc. (Yarn), a South Carolina corporation, sued Krupp International, Inc. (Krupp), a Delaware corporation, in federal district court in South Carolina for breach of a contract for the sale to Yarn by Krupp of $1.3 million worth of yarn manufacturing equipment. The district court dismissed the action, finding that a decision in a suit by Krupp against Yarn in federal court in New York collaterally estopped Yarn from maintaining...

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