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GELDERMANN & CO., INC. v. LANE PROCESSING, INC.

No. 75-1145.

527 F.2d 571 (1975)

GELDERMANN AND COMPANY, INC., Appellee, v. LANE PROCESSING, INC., Appellant.

United States Court of Appeals, Eighth Circuit.

Decided December 12, 1975.

Attorney(s) appearing for the Case

Robert V. Light, Little Rock, Ark., for appellant.

James L. Fox, Chicago, Ill., for appellee.

Before GIBSON, Chief Judge, and LAY and STEPHENSON, Circuit Judges.

GIBSON, Chief Judge.

In this diversity case the appellant, Lane Processing, Inc., appeals from a judgment entered upon an adverse jury verdict on its counterclaim1 against appellee Geldermann and Company, Inc., for punitive and compensatory damages for breach of contract and conversion. Geldermann and Company, Inc., is a licensed commodity broker on the Chicago Board of Trade. Lane Processing,2 a sophisticated...

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