Sandy Creek Condominium Ass'n v. Stolt & Egner, Inc.

The defendants, Stolt & Egner, Inc., and John Stolt and Allen Egner, individually, appeal from the trial court’s order which denied their post-trial motion for a judgment n.o.v. For the following reasons, we reverse.

In 1979, the defendant, Stolt & Egner, Inc., built the Sandy Creek Apartments in Elgin, Illinois. The complex was converted to condominiums and was managed by Stolt & Egner, Inc., from 1980 to 1990. John Stolt and Allen Egner were the sole shareholders of Stolt & Egner, Inc., and directors of the board of the Sandy Creek Condominium Association (Association). In 1990, Stolt &…