“the basis of the action is for * * * lessened margins, and in the absence of lessened margins, there can be no recoverable damages” notwithstanding the statement of plaintiff’s counsel that the case had been tried on the “illegal exaction theory” and not the “margin theory”
How later courts described this case
- “the basis of the action is for * * * lessened margins, and in the absence of lessened margins, there can be no recoverable damages” notwithstanding the statement of plaintiff’s counsel that the case had been tried on the “illegal exaction theory” and not the “margin theory”
Written by the judges who cited it.
The opinion
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