Legal Opinion

Timmerman v. Grain Exchange, LLC

Appellate Court of Illinois

Decided August 21, 2009No. 5-08-0404PublishedCited by 15 opinions

1Opinion of the CourtJustice Welch

On various dates prior to February 2008, The Grain Exchange, LLC (Grain Exchange), entered into contracts with the farmers (the plaintiffs) in these three consolidated cases for the delivery of specified amounts of grain at set prices on set future dates. Prior to the dates set for delivery, Grain Exchange’s license to deal in grain was revoked by the Illinois Department of Agriculture, making it illegal for Grain Exchange to take delivery of the grain pursuant to the contracts. Shortly after the revocation of its license, Grain Exchange assigned all the. contracts to Consolidated Grain &…

2Cases cited18 opinions

  1. Material Service Corp. v. Department of RevenueIllinois Supreme Court · 1983
  2. Kinkel v. Cingular Wireless, LLCIllinois Supreme Court · 2006
  3. Razor v. Hyundai Motor AmericaIllinois Supreme Court · 2006
  4. Frank's Maintenance & Engineering, Inc. v. C. A. Rorerts Co.Appellate Court of Illinois · 1980
  5. Donaldson, Lufkin & Jenrette Futures, Inc. v. BarrIllinois Supreme Court · 1988

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3Cited by15 opinions

  1. Deborah Jackson v. Payday Financial, LLCCourt of Appeals for the Seventh Circuit · 2014
  2. Bartlett Grain Company, LP v. Steven Carl Sheeder and Maureen Jeanette PaceSupreme Court of Iowa · 2013
  3. Rocheux International of New Jersey, Inc. v. U.S. Merchants Financial Group, Inc.District Court, D. New Jersey · 2010
  4. Arlington LF, LLC v. Arlington Hospitality, Inc.Court of Appeals for the Seventh Circuit · 2011
  5. Zuniga v. Major League BaseballAppellate Court of Illinois · 2021

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