Ifc Credit Corporation v. Bulk Petroleum Corporation and Darshan S. Dhaliwal
Court of Appeals for the Seventh Circuit
1Opinion of the Court
CUDAHY, Circuit Judge.
Plaintiff IFC Credit Corporation (IFC) brought suit alleging that Bulk Petroleum Corporation (Bulk) and its CEO, Darshan Dhaliwal, breached a lease agreement under which Bulk leased gasoline tanks and other equipment from IFC with an option to purchase them at the end of the lease. Bulk claims that the lease agreement has been concluded through an accord and satisfaction executed with the assignee of IFC’s rights under the lease. The district court, through Magistrate Judge Aaron E. Goodstein, granted Bulk’s motion for summary judgment, ruling that a valid accord and…
2Cases cited13 opinions
- Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
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- Mickey Grayson v. City of ChicagoCourt of Appeals for the Seventh Circuit · 2003
- Liberles v. County of CookCourt of Appeals for the Seventh Circuit · 1983
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