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AMERICAN FARM MORTGAGE v. AG AMERICA, FCB

Civil Action No. 3:00CV-797-H.

232 F.Supp.2d 721 (2002)

AMERICAN FARM MORTGAGE COMPANY, INC., Plaintiff, v. AG AMERICA, FCB/WESTERN FARM CREDIT BANK, Defendants.

United States District Court, W.D. Kentucky, at Louisville.

October 31, 2002.

Attorney(s) appearing for the Case

Lisa Koch Bryant, Foley, Bryant & Holloway, Louisville, KY, for plaintiff.

Stanley W. Whetzel, Jr., Louisville, KY, for defendant.

MEMORANDUM OPINION

HEYBURN, Chief Judge.

This is a contract dispute where the parties disagree about the appropriate remedy for breach. Plaintiff, American Farm Mortgage ("AFM"), seeks a declaration that it may select between three alternatives to remedy the acknowledged breach of contract. Western Farm Credit Bank ("Western") responds that AFM does not have the option to select the remedy for its own breach of the agreement. Western also countered for breach...

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