OMNI TECH CORP. v. MPC SOLUTIONS SALES, LLC

No. 04-4340.

432 F.3d 797 (2005)

OMNI TECH CORPORATION, Terry Anderson, and Nancy Anderson, Plaintiffs-Appellees, v. MPC SOLUTIONS SALES, LLC, and MPC COMPUTERS, LLC, Defendants-Appellants.

United States Court of Appeals, Seventh Circuit.

Decided December 30, 2005.


Attorney(s) appearing for the Case

Nancy J. Sennett (argued), Frank W. DiCastri, Foley & Lardner, Milwaukee, WI, for Plaintiffs-Appellees.

Jeffrey O. Davis (argued), Steven J. Berryman, Quarles & Brady, Milwaukee, WI, for Defendants-Appellants.

Before EASTERBROOK, MANION, and SYKES, Circuit Judges.


EASTERBROOK, Circuit Judge.

Omni Tech sold its End User Division to MPC Solutions. The contract provided for some post-closing adjustments to the price, including one for net working capital, a term defined in § 3.3(a)(v) of the contract. If net working capital exceeds $8 million, then the final purchase price rises by the amount of the difference; if net working capital is less than $8 million, then the price is reduced dollar for dollar. After the closing,...

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