7th Circ. Says Both Sides In Ethanol Suit Broke Contract

Law360, New York (December 14, 2016, 9:42 PM EST) -- A Seventh Circuit panel on Wednesday reversed an Illinois federal court victory for two ethanol companies over a once-bankrupt distributor, finding that both sides of the case failed to honor a termination agreement.

After emerging from bankruptcy several years earlier, ethanol distributor Aventine Renewable Energy Ltd. in 2013 sued Glacial Lakes Energy LLC and Aberdeen Energy LLC because it owed them $900,000 but was owed approximately $1.6 million by them, resulting in a net $700,000 owed to Aventine. An Illinois federal judge in February granted Glacial...
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Case Information

Case Title

Aventine Renewable Energy, Inc v. Glacial Lakes Energy, LLC


Case Number

16-1690

Court

Appellate - 7th Circuit

Nature of Suit

4190 Other Contract Actions

Date Filed

March 30, 2016


Case Title

Aventine Renewable Energy, Inc v. Aberdeen Energy, LLC


Case Number

16-1692

Court

Appellate - 7th Circuit

Nature of Suit

4190 Other Contract Actions

Date Filed

March 30, 2016

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