Legal Opinion
In Re: Doctors Hospital of Hyde Park, Inc., Debtor. Appeal Of: Daiwa Special Asset Corporation
Court of Appeals for the Seventh Circuit
Decided July 28, 2003No. 02-3254PublishedCited by 38 opinions
1Opinion of the Court
POSNER, Circuit Judge.
This appeal requires us to consider the relation between two statutes of Illinois. One, the Uniform Commercial Code, adopted in Illinois as in all states, provides that the rights of an assignee of an account debtor “are subject to (a) all the terms of the contract between the account debtor and the assignor ... and (b) any other defense or claim of the account debtor against the assignor which accrues before the account debtor receives notification of the assignment.” UCC § 9-818(1), 810 ILCS 5/9-318(1). (Effective 2001 — too late to affect this case — section 318 was…
2Cases cited49 opinions
- Cheek v. United StatesSupreme Court of the United States · 1991
- Bank of Waunakee, a Wisconsin Banking Corporation v. Rochester Cheese Sales, Inc., a Minnesota CorporationCourt of Appeals for the Seventh Circuit · 1990
- Posadas v. National City BankSupreme Court of the United States · 1936
- In the Matter of JAMES WILSON ASSOCIATES, Debtor. Appeals of METROPOLITAN LIFE INSURANCE COMPANYCourt of Appeals for the Seventh Circuit · 1992
- Barrett v. United StatesSupreme Court of the United States · 1976
44 more not listed; retrieve them via the Exa API.
3Cited by38 opinions
- Wisconsin Right to Life State Political Action Committee v. BarlandCourt of Appeals for the Seventh Circuit · 2011
- Federal Communications Commission v. Airadigm Communications, Inc.Court of Appeals for the Seventh Circuit · 2010
- United States v. John A. CookCourt of Appeals for the Seventh Circuit · 2005
- Ramah Navajo Chapter v. SalazarCourt of Appeals for the Tenth Circuit · 2011
- In Re United Air Lines, Inc., Debtor. U.S. Bank National Association, Cross-Appellee v. United Air Lines, Inc., Debtor-AppelleeCourt of Appeals for the Seventh Circuit · 2006
33 more not listed; retrieve them via the Exa API.