EQUITY BUSINESS BROKERS, LTD. v. Adair

The plaintiff, Equity Business Brokers, Ltd., d/b/a Sunbelt Business Brokers, Ltd., sued the defendant, Paul C. Adair, d/b/a Specialty Wood Work, to recover the remaining amount allegedly due to the plaintiff for the sale of the defendant’s business. The defendant filed an affirmative defense and counterclaim, alleging that the contract entered into by the parties failed to meet the requirements of the Illinois Business Brokers Act of 1995 (Act) (815 ILCS 307/10 — 1 et seq. (West 2002)) and was therefore void. Both parties filed motions for summary judgment. After a hearing, the circuit court…