Cancer Foundation, Incorpo v. Cerberus Capital Management, L

In the United States Court of Appeals For the Seventh Circuit No. 08-1981 T HE C ANCER F OUNDATION, INC. et al., Plaintiffs-Appellants v. C ERBERUS C APITAL M ANAGEMENT, LP et al., Defendants-Appellees. Appeal from the United States District Court for the Northern District of Illinois, Eastern Division. No. 07 C 4120—Joan Humphrey Lefkow, Judge. A RGUED JANUARY 15, 2009—D ECIDED M ARCH 19, 2009 Before R IPPLE, M ANION, and E VANS, Circuit Judges. E VANS, Circuit Judge. In 1997, Martin Lapides was at the center of a web of companies that were tanking. With a multimillion dollar line of credit…