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ASSET ALLOCATION & MGT. v. WESTERN EMPLOYERS INS.

No. 89-1686.

892 F.2d 566 (1989)

ASSET ALLOCATION AND MANAGEMENT COMPANY, Plaintiff-Appellee, v. WESTERN EMPLOYERS INSURANCE COMPANY, Defendant-Appellant.

United States Court of Appeals, Seventh Circuit.

Decided December 26, 1989.

As Corrected January 3, 1990.

Attorney(s) appearing for the Case

James J. Stamos (argued), Shelley L. Rice, Coffield, Ungaretti, Harris & Slavin, Chicago, Ill., for plaintiff-appellee.

John Kakacek, Paul F. Stack, Stack & Filpi, Chicago, Ill., Charles J. Hecht (argued), New York City, for defendant-appellant.

Before POSNER and RIPPLE, Circuit Judges, and ESCHBACH, Senior Circuit Judge.

POSNER, Circuit Judge.

This interlocutory appeal from rulings leading up to the grant of an injunction brings before us a tangle of jurisdictional and procedural questions. In 1986, Asset Allocation and Management Company, a partnership of three corporations which provides investment advice to insurance companies, was hired by Western Employers Insurance Company, a California insurance company. Asset advised Western to invest in a trading program administered by Jefferies...

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