Legal Opinion
Medigroup, Inc. v. Phillip Schildknecht and Neil P. Gavin
Court of Appeals for the Seventh Circuit
Decided June 29, 1972No. 71-1576PublishedCited by 6 opinions
1Opinion of the Court
SPRECHER, Circuit Judge.
This diversity action 1 is for damages for breach of warranty in connection with the sale of the stock of two corporations which owned and operated Park-view Manor, a nursing home in O’Fallon, Illinois.
During January, 1969, plaintiff’s president negotiated with defendants for sale of the stock. Defendants furnished him the most recent balance sheets available, which listed each corporation’s assets and liabilities as of November 30, 1968.
Plaintiff’s offer of purchase contained the following language:
It is understood that in accepting this offer you make the following…
2Cases cited10 opinions
- Geneva Construction Co. v. Martin Transfer & Storage Co.Illinois Supreme Court · 1954
- Schneider v. NeubertIllinois Supreme Court · 1923
- Burroughs International Co. v. Datronics Engineers, Inc.Court of Appeals of Maryland · 1969
- Unique Watch Crystal Co., Inc. v. KotlerAppellate Court of Illinois · 1951
- Conwell v. McCowanIllinois Supreme Court · 1870
5 more not listed; retrieve them via the Exa API.
3Cited by6 opinions
- American National Bank & Trust Co. v. Weyerhaeuser Co.Court of Appeals for the Seventh Circuit · 1982
- 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
- Johnson v. State Farm Fire & Casualty Co.Appellate Court of Illinois · 1987
- South Chicago Disposal, Inc. v. LTV Steel Co. (In Re Chateaugay Corp.)District Court, S.D. New York · 1991
- St. Thomas House, Inc. v. BarrowsSupreme Court of The Virgin Islands · 1979
1 more not listed; retrieve them via the Exa API.