Legal Opinion

Loberg v. Hallwood Realty Partners, L.P.

Appellate Court of Illinois

Decided June 29, 2001No. 1-00-0665PublishedCited by 10 opinions

1Opinion of the CourtJustice Cousins

In 1988, plaintiffs-appellants, Ernest Loberg, Harriet Loberg, and Sharon Menely, individually and on behalf of the class certified in September 1995, filed suit against Equitec Financial Group (Equitec Financial) and Equitec Fund A (Equitec A) seeking to rescind their purchases of Equitec A limited partnership interests on behalf of 41 Illinois residents who purchased the limited partnership interests in 1985 and 1986 from two unlicensed brokers. In 1989 Hailwood Realty Corporation (Hailwood) purchased the general partnership interests of 11 Equitec real estate limited partnerships.

In June…

2Cases cited12 opinions

  1. Outboard Marine Corp. v. Liberty Mutual InsuranceIllinois Supreme Court · 1992
  2. Purtill v. HessIllinois Supreme Court · 1986
  3. Matsushita Electric Industrial Co. v. EpsteinSupreme Court of the United States · 1996
  4. Farm Credit Bank of St. Louis v. WhitlockIllinois Supreme Court · 1991
  5. Carlile v. Snap-On ToolsAppellate Court of Illinois · 1995

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3Cited by10 opinions

  1. Cwikla v. SheirAppellate Court of Illinois · 2003
  2. Tropp v. Western-Southern Life Insurance Co.Court of Appeals for the Seventh Circuit · 2004
  3. Adams v. American International Group, Inc.Appellate Court of Illinois · 2003
  4. Cleveland v. Dyn-A-Mite Pest Control, Inc.Court of Civil Appeals of Oklahoma · 2002
  5. Barber v. First Midwest Bank (In Re Johnson)United States Bankruptcy Court, C.D. Illinois · 2006

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