PAINEWEBBER INC. v. FARNAM

No. 88-1169.

870 F.2d 1286 (1989)

PAINEWEBBER INCORPORATED, Plaintiff-Appellant, v. Franklin FARNAM, Robert Farnam, John Farnam and Edward Jacks, Defendants-Appellees.

United States Court of Appeals, Seventh Circuit.

Decided March 22, 1989.


Attorney(s) appearing for the Case

L. Andrew Brehm, Schuyler, Roche & Zwirner, Chicago, Ill., for plaintiff-appellant.

Robert F. Fuchs, Fuchs, Temple & Berman, Chicago, Ill., for defendants-appellees.

Before WOOD, Jr. and COFFEY, Circuit Judges, and GRANT, Senior District Judge.


GRANT, Senior District Judge.

In this appeal we are asked to review the propriety of a district court order granting summary judgment based on issue preclusion principles. The appellant, PaineWebber Incorporated, filed a civil action in Illinois state court against Edward Jacks. Jacks, along with Franklin Farnam, Robert Farnam, and John Farnam, subsequently filed arbitration complaints against PaineWebber with the National Association of Securities Dealers, Incorporated...

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