Planters Gin Company v. Federal Compress & Warehouse Company, Inc.

Summary

The Tennessee Supreme Court held that the indemnity clause in the lease between Planters Gin Company and Federal Compress & Warehouse Company, Inc. is unambiguous and enforceable, thereby barring Planters Gin’s recovery for cotton damage caused by a roof collapse in an adjacent, non‑leased compartment. The Court reversed the Court of Appeals’ judgment against Federal Compress and reinstated the trial court’s summary‑judgment ruling in Federal Compress’s favor.