Tamari v. Bache & Co.
C07.40946; 838 F.2d 904 (1988)
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Publisher Description
POSNER, Circuit Judge. This commodities litigation, now in its thirteenth year, reverberates with echoes from the civil war in Lebanon. The plaintiffs are a family of wealthy Lebanese merchants who at the time of suit did, and still do, trade vast quantities of soybeans and other commodities throughout the Middle East. (For example, they sell 50 percent of all the foodstuffs sold in the Kingdom of Jordan.) They began trading commodity futures in the 1960s if not earlier, maintaining commodity future trading accounts with a number of brokerage houses including the defendant, the Lebanese affiliate of Bache & Co. (""Bache Lebanon""; the American branch is ""Bache Delaware"").