ROTHWELL COTTON CO. v. ROSENTHAL & CO.

No. 86-1510.

827 F.2d 246 (1987)

ROTHWELL COTTON COMPANY, a Texas Corporation, Defendant-Appellant, v. ROSENTHAL & COMPANY, a partnership, and FGL Commodity Services, Inc., an Iowa Corporation, Plaintiffs-Appellees.

United States Court of Appeals, Seventh Circuit.

Decided August 24, 1987.


Attorney(s) appearing for the Case

John Roberson, Philip T. Powers & Associates, Chicago, Ill., for defendant-appellant.

Ralph A. Mantynband, Arvey Hodes Costello & Burman, Chicago, Ill., for plaintiffs-appellees.

Before BAUER, Chief Judge, FLAUM, Circuit Judge, and REYNOLDS, Senior District Judge.


REYNOLDS, Senior District Judge.

Rosenthal & Company ("Rosenthal") and FGL Commodity Services, Inc., ("FGL"), plaintiffs-appellees, brought an action against Rothwell Cotton Company ("Rothwell"), defendant-appellant, claiming that Rothwell owed Rosenthal and FGL $26,563.74 for a trading deficit in the commodities trading account Rothwell had maintained with Rosenthal and FGL. Rothwell counterclaimed that Rosenthal and FGL had breached various duties owed to Rothwell...

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