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ARMCO INDUS. CREDIT CORP. v. SLT WAREHOUSE CO.

No. 84-1828.

782 F.2d 475 (1986)

ARMCO INDUSTRIAL CREDIT CORPORATION, Plaintiff-Appellee, v. SLT WAREHOUSE COMPANY, and Richard B. Conklin, Defendants-Appellants.

United States Court of Appeals, Fifth Circuit.

Rehearing and Rehearing Denied March 19, 1986.

Attorney(s) appearing for the Case

Matthews & Thorp, Howard Jensen, John D. Exline, Dallas, Tex., William G. Guerri, St. Louis, Mo., Stephen G. Anderson, Washington, D.C., for SLT Warehouse.

Ewing Adams, Longview, Tex., for Conklin.

Aden L. Vickers, Dallas, Tex., for plaintiff-appellee.

Before CLARK, Chief Judge, BROWN and GEE, Circuit Judges.

Rehearing and Rehearing En Banc Denied March 19, 1986.

JOHN R. BROWN, Circuit Judge:

The defendants SLT Warehouse Co. and Richard Conklin appeal from a $2 million RICO judgment that was based on losses sustained by the plaintiff in extending credit to a now-defunct oilfield supply company. In a nutshell, the case turns on the actions or nonactions of Conklin. The verdict in the trial court was based upon the jury's apparent conclusion that Conklin's knowledge...

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