Phoenix Bond & Indemnity Co. v. Pappas

PRESIDING JUSTICE COUSINS

delivered the opinion of the court:

The plaintiffs are tax buyers at the annual Cook County tax sale. In response to perceived anti-competitive practices among the bidders at the auction, the Cook County treasurer and ex officio county collector instituted a rule that properties on which multiple, simultaneous identical bids were made would not be sold at the auction. The plaintiffs brought this action seeking an injunction against the enforcement of this rule. The circuit court granted a temporary restraining order, which this court affirmed without opinion.

The…