Heller Financial, Inc. v. Johns-Byrne Co.

This appeal is actually the second one taken by the parties in this action. In the first appeal, Heller Financial, Inc. v. Johns-Byrne Co. (1992), 246 Ill. App. 3d 754, 617 N.E.2d 1, this court affirmed a partial summary judgment in favor of plaintiff, Heller Financial, Inc.; that judgment, however, did not resolve the full amount of damages due plaintiff from defendant Johns-Byrne Company.

This action began in 1985, when Microdot Lithoplate Company entered into an agreement to lease printing equipment from P.C. Leasing Corporation, the performance of which was guaranteed in writing by…