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LINCOLN GRAIN v. AETNA CAS. & SUR. CO.

No. 84-1373.

756 F.2d 75 (1985)

LINCOLN GRAIN, INC., Appellant, v. AETNA CASUALTY AND SURETY COMPANY, A Corporation, Appellee.

United States Court of Appeals, Eighth Circuit.

Decided March 6, 1985.

Attorney(s) appearing for the Case

David M. Geier, Lincoln, Neb., for appellant.

Richard A. Knudsen, Lincoln, Neb., for appellee.

Before HEANEY, Circuit Judge, HENLEY, Senior Circuit Judge, and JOHN R. GIBSON, Circuit Judge.

JOHN R. GIBSON, Circuit Judge.

Lincoln Grain, Inc. appeals from a judgment in its favor against Aetna Casualty & Surety Company for approximately $44,000, claiming that it should have recovered $1.5 million on its fidelity bond claim. The district court1 held that a "trading loss" exclusion limited Lincoln's recovery. We conclude that the district court did not err in applying the exclusion and affirm its judgment.

Lincoln...

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