United States Seventh Circuit

There is no evidence that defendant's dominant motive in adopting the Emergency Resolution requiring public liquidation of July 1989 soybeans futures contracts was held in bad faith, although the price of soybeans in the cash market may have been temporarily depressed as a result.

Appellate Information

• Decided 02/09/2004
• Published 02/09/2004

Judges

• CUDAHY, Circuit Judge., Before CUDAHY, RIPPLE and KANNE, Circuit Judges.

Court

• United States Seventh Circuit

Counsel

• For Appellant:
  
• Terrance G. Reed (argued), Alexandria, VA, Thomas E. Johnson, Johnson, Jones, Snelling, Gilbert & Davis, Chicago, IL, for Plaintiffs-Appellants.


• For Appellees:
  
• Garrett B. Johnson (argued), Jeffrey L. Willian, Kirkland & Ellis, Chicago, IL, for Defendants-Appellees.