Legal Opinion

Ocean Atlantic Development Corp. v. Aurora Christian Schools, Inc.

Court of Appeals for the Seventh Circuit

Decided March 14, 2003No. 01-2239, 01-3400PublishedCited by 7 opinions

1Opinion of the Court

ILANA DIAMOND ROVNER, Circuit Judge.

In these two cases, which we have consolidated for decision, the Ocean Atlantic Development Corporation and the Ocean Atlantic Chicago Corporation (“Ocean Atlantic”) tendered letter offers to the owners of undeveloped land that Ocean Atlantic wished to purchase and the owners signed those offers. Each offer expressly anticipated that the parties would, in due course, sign a contract for the purchase and sale of the properties. As it turned out, however, the ensuing negotiations did not produce a final contract in either case. From the property owners’…

2Cases cited29 opinions

  1. Erie Railroad v. TompkinsSupreme Court of the United States · 1938
  2. Venture Associates Corporation, a Tennessee Corporation v. Zenith Data Systems Corporation, a Delaware CorporationCourt of Appeals for the Seventh Circuit · 1993
  3. Air Safety, Inc. v. Teachers Realty Corp.Illinois Supreme Court · 1999
  4. Dawson v. General Motors Corp.Court of Appeals for the Seventh Circuit · 1992
  5. Am International, Incorporated v. Graphic Management Associates, IncorporatedCourt of Appeals for the Seventh Circuit · 1995

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3Cited by7 opinions

  1. Pft Roberson, Inc. v. Volvo Trucks North America, Inc., and Volvo Transportation Services, N.A., Inc.Court of Appeals for the Seventh Circuit · 2005
  2. REP MCR Realty, L.L.C. v. LynchDistrict Court, N.D. Illinois · 2005
  3. Weigel Broadcasting Co. v. Tv-49, Inc.District Court, N.D. Illinois · 2006
  4. Glendening v. HowardDistrict Court, D. Kansas · 2023
  5. Ocean Atlantic Development Corporation v. Aurora Christian Schools, Inc., Ocean Atlantic Chicago Corporation v. Dale Konicek, Wayne Konicek, Lois Konicek, and Isenstein-Pasquinelli, L.L.C.Court of Appeals for the Seventh Circuit · 2003

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