Legal Opinion

Baum v. Sosin

Appellate Court of Illinois

Decided June 20, 1978No. 76-176PublishedCited by 3 opinions

1Opinion of the CourtJustice Brown

Plaintiffs, 46 stock subscribers of Burton’s In The Round, Inc. (hereinafter Burton’s), filed a breach of contract action in the circuit court of Cook County against the defendant escrowees, who had held funds of Burton’s for distribution to rescinding stock subscribers pursuant to an escrow agreement, as amended. The breach of contract action was filed against defendants after the entry of a final decree by the U.S. District Court (N.D. Ill., E.D.) in Burton’s reorganization proceedings under Chapter 10 of the Bankruptcy Act. (11 U.S.C. §501 et seq. (1976).) Plaintiffs appeal from the…

2Cases cited11 opinions

  1. Chicot County Drainage District v. Baxter State BankSupreme Court of the United States · 1940
  2. Stoll v. GottliebSupreme Court of the United States · 1938
  3. Schuh Trading Co. v. Commissioner of Internal RevenueCourt of Appeals for the Seventh Circuit · 1938
  4. Prudence Realization Corp. v. FerrisSupreme Court of the United States · 1945
  5. Ortman v. KaneIllinois Supreme Court · 1945

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3Cited by3 opinions

  1. American National Bank & Trust Co. v. Weyerhaeuser Co.Court of Appeals for the Seventh Circuit · 1982
  2. American National Bank and Trust Company of Chicago, Cross-Appellee v. Weyerhaeuser Company, Third-Party and Counter-Defendant- Cross-Appellant v. The First Jersey National Bank, Third-Party and Counter-PlaintiffCourt of Appeals for the First Circuit · 1982
  3. Olson v. Dwinn-Shaffer & Co.Appellate Court of Illinois · 1983

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