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LURIA BROS. & CO. v. PIELET BROS. SCRAP IRON & METAL, INC.

No. 77-1529.

600 F.2d 103 (1979)

LURIA BROTHERS & CO., INC., Plaintiff-Appellee, v. PIELET BROTHERS SCRAP IRON & METAL, INC., Defendant-Appellant.

United States Court of Appeals, Seventh Circuit.

Decided June 18, 1979.

Rehearing and Rehearing Denied August 27, 1979.

Attorney(s) appearing for the Case

Russel J. Topper, Chicago, Ill., for defendant-appellant.

Patrick W. O'Brien, William Thomas Braithwaite, Mayer, Brown & Platt, Chicago, Ill., for plaintiff-appellee.

Before FAIRCHILD, Chief Judge, BAUER, Circuit Judge, and VAN PELT, Senior District Judge.

Rehearing and Rehearing In Banc Denied August 27, 1979.

FAIRCHILD, Chief Judge.

This is a diversity action for breach of contract. Most of the events giving rise to this litigation occurred in Illinois and we accept the parties' assumption that Illinois law is applicable. The action below was tried before a jury which returned a verdict in the amount of $600,000, having found that a contract for the purchase of barge scrap steel existed between plaintiff,...

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