Legal Opinion
Frendreis v. Financial Concepts, Ltd.
Appellate Court of Illinois
Decided May 11, 1982No. 81-1503PublishedCited by 6 opinions
1Opinion of the Court
PRESIDING JUSTICE STAMOS
delivered the opinion of the court:
Plaintiffs Nick and Bernice Frendreis brought suit against five defendants to rescind the purchase of a note. The defendants are Financial Concepts, Ltd. (the seller of the note), Charles Knapp (a salesman employed by Financial Concepts), Sterling Enterprises, Inc. (the issuer of the note), and John Meatte and Kenneth Kortas (officers of Sterling). Plaintiffs brought this rescission action pursuant to section 13 of the Illinois Securities Law of 1953 (the Act). (Ill. Rev. Stat. 1977, ch. 12Bz, par. 137.13.) Section 13 of the Act…
2Cases cited6 opinions
- Martin v. Orvis Bros. & Co.Appellate Court of Illinois · 1974
- Gowdy v. RichterAppellate Court of Illinois · 1974
- Norville v. Alton Bigtop Restaurant, Inc.Appellate Court of Illinois · 1974
- Curtis v. JohnsonAppellate Court of Illinois · 1968
- People Ex Rel. Rogers v. ElrodAppellate Court of Illinois · 1975
1 more not listed; retrieve them via the Exa API.
3Cited by6 opinions
- Reshal Associates, Inc. v. Long Grove Trading Co.District Court, N.D. Illinois · 1990
- Pucci v. SantiDistrict Court, N.D. Illinois · 1989
- Witter v. BuchananAppellate Court of Illinois · 1985
- Fed. Sec. L. Rep. P 95,361 Wayne Carlson v. Bear, Stearns & Company Incorporated, a Foreign CorporationCourt of Appeals for the Seventh Circuit · 1990
- Buehl v. DaysonAppellate Court of Illinois · 1984
1 more not listed; retrieve them via the Exa API.