Legal Opinion
City of Chicago v. Michigan Beach Housing Cooperative
Appellate Court of Illinois
Decided January 26, 1993No. 1-92-1496, 1-92-1734 consPublishedCited by 19 opinions
1Opinion of the CourtJustice Scariano
The Michigan Beach Apartments (the building) is comprised of 240 units, all of which were rented to low-income families after the building was erected in 1967. It was financed by a federally insured mortgage upon which the building was in default from 1971 until 1984, when the United States Department of Housing and Urban Development (HUD), its sole creditor, finally foreclosed on the obligation. The owner thereupon declared bankruptcy.
In 1986, defendant Jayson Investments, Inc. (Jayson), whose only two shareholders are Jay Canel and Scott Canel (the developers), presented to the bankruptcy…
2Cases cited23 opinions
- Randall v. LoftsgaardenSupreme Court of the United States · 1986
- Burdinie v. Village of Glendale HeightsIllinois Supreme Court · 1990
- Vaughn v. SpeakerIllinois Supreme Court · 1988
- Wald v. Chicago Shippers Ass'nAppellate Court of Illinois · 1988
- Ryder v. Bank of Hickory HillsIllinois Supreme Court · 1992
18 more not listed; retrieve them via the Exa API.
3Cited by19 opinions
- Valerie D. Smith v. The Cash Store Management, Inc. The Cash Store, Ltd. Harold L. Ahlberg Trevor L. Ahlberg and John Does 1-10Court of Appeals for the Seventh Circuit · 1999
- City of Chicago v. Michigan Beach Housing CooperativeAppellate Court of Illinois · 1998
- STATE BUILDING AND CONSTRUCTION TRADES COUNCIL v. DuncanCalifornia Court of Appeal · 2008
- In Re Estate of FergusonAppellate Court of Illinois · 2000
- In re Creekside Senior Apartments, LPBankruptcy Appellate Panel of the Sixth Circuit · 2012
14 more not listed; retrieve them via the Exa API.