Legal Opinion
Peregrine Financial Group, Inc. v. Futronix Trading, Ltd.
Appellate Court of Illinois
Decided May 21, 2010No. 1-09-2293PublishedCited by 7 opinions
1Opinion of the Court
PRESIDING JUSTICE CAHILL
delivered the opinion of the court:
Plaintiff, Peregrine Financial Group, Inc., appeals a trial court order dismissing as time-barred a complaint to confirm an arbitration award against defendants Futronix Trading, Ltd., and Michael Forest Payne. At issue is plaintiff’s argument that there is no statute of limitation in Illinois applicable to actions to confirm an arbitration award. We believe the five-year statute of limitation under section 13 — 205 of the Code of Civil Procedure (Code) (735 ILCS 5/13 — 205 (West 2008)) applies. We affirm.
Defendants contracted with…
2Cases cited13 opinions
- Robidoux v. OliphantIllinois Supreme Court · 2002
- Anderson v. WagnerIllinois Supreme Court · 1979
- Clay v. KuhlIllinois Supreme Court · 2000
- Ferguson v. City of ChicagoIllinois Supreme Court · 2004
- Sundance Homes, Inc. v. County of Du PageIllinois Supreme Court · 2001
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3Cited by7 opinions
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- RBS Citizens, National Ass'n v. RTG-Oak Lawn, LLCAppellate Court of Illinois · 2011
- Nature Conservancy v. Wilder Corp. of DelawareCourt of Appeals for the Seventh Circuit · 2011
- Terra Foundation for American Art v. DLA Piper LLPAppellate Court of Illinois · 2016
- U.S. Bank National Ass'n v. ManzoAppellate Court of Illinois · 2011
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