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GARWOOD PACKAGING, INC. v. ALLEN & CO., INC.

No. 03-1848.

378 F.3d 698 (2004)

GARWOOD PACKAGING, INC., et al., Plaintiffs-Appellants, v. ALLEN & COMPANY, INC., et al., Defendants-Appellees.

United States Court of Appeals, Seventh Circuit.

Decided August 10, 2004.

Rehearing and Rehearing Denied September 20, 2004.

Attorney(s) appearing for the Case

Paul M. De Marco (argued), Waite, Schneider, Bayless & Chesley, Cincinnati, OH, for Plaintiffs-Appellants.

Ellen E. Boshkoff (argued), Baker & Daniels, Indianapolis, IN, for Defendants-Appellees.

Before POSNER, RIPPLE, and ROVNER, Circuit Judges.

Rehearing and Rehearing En Banc Denied September 20, 2004.

POSNER, Circuit Judge.

This is a diversity suit, governed by Indiana law, in which substantial damages are sought on the basis of promissory estoppel. The suit pits Garwood Packaging, Inc., which created a packaging system designed to increase the shelf life of fresh meat, and its two principals, Garwood and McNamara, against Allen & Company (an investment company) and a vice-president of Allen...

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