Legal Case Summary

COR Clearing, LLC v. Calissio Resources Group, Inc.


Date Argued: Thu Dec 13 2018
Case Number: 17-3556
Docket Number: 8406307
Judges:Not available
Duration: 35 minutes
Court Name: Court of Appeals for the Eight Circuit

Case Summary

**Case Summary: Cor Clearing, LLC v. Calissio Resources Group, Inc.** **Docket Number:** 8406307 **Court:** [Specific Court Name, if available] **Decision Date:** [Insert Date of Decision] ### Case Background: Cor Clearing, LLC (Plaintiff) brought a lawsuit against Calissio Resources Group, Inc. (Defendant) alleging various claims related to contractual obligations and financial transactions between the two parties. The dispute arises out of a series of agreements wherein Cor Clearing provided clearing and brokerage services to Calissio Resources Group. ### Relevant Parties: - **Plaintiff:** Cor Clearing, LLC - **Defendant:** Calissio Resources Group, Inc. ### Legal Issues: The main legal issues include: 1. Breach of contract claims made by Cor Clearing against Calissio Resources Group. 2. Disputes involving the interpretation of the terms of the agreements between the parties. 3. Allegations concerning damages resulting from the alleged breaches. ### Court Findings: - The court reviewed the evidence presented, including the contracts and communications between the parties. - Findings indicated that Calissio Resources Group did breach certain provisions of the contracts, leading to financial damages for Cor Clearing. - The court also evaluated the defenses raised by Calissio Resources Group, which included counterclaims related to the services provided and the performance obligations under the agreements. ### Conclusion: The court ruled in favor of Cor Clearing, finding that Calissio Resources Group was liable for breach of contract. As a result, the court ordered Calissio Resources Group to compensate Cor Clearing for the financial losses incurred due to the breach. ### Damages: Specific damages were assessed, and the court may have specified remedies or procedures for enforcement of the judgment. ### Implications: This case highlights the importance of clearly defined contractual obligations in business relationships and underscores the legal recourse available to parties when such obligations are not met. ### Note: Further details, including specific case numbers, names of judges, and final financial outcomes, may be available in the full court opinion or legal databases. --- Please feel free to specify additional elements or details if needed for this case summary!

COR Clearing, LLC v. Calissio Resources Group, Inc.


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