M.E. Fields and J.R. Fields v. General Motors Corporation

CUDAHY, Circuit Judge.

For fourteen years, from 1971 to 1985, John and Earl Fields, as Fields Cadillac, Inc., owned and operated a Cadillac dealership in Evanston, Illinois. In the early 1980s Cadillacs experienced a temporary decline in popularity, resulting in an “overdealered” market in the Chicago area. The Fields’ dealership sold many fewer cars than previously and was losing money. After considering the options available to them, the Fields decided to give up voluntarily Fields Cadillac’s Dealer Sales and Service Agreements with General Motors Corporation (GM). This decision, the Fields…