Timmerman v. Grain Exchange, LLC
Appellate Court of Illinois
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 Prior to the dates set for delivery, Grain Exchange’s license to deal in grain was revoked by the Illinois Department of Agriculture, making it illegal for Grain Exchange to take delivery of the grain pursuant to the contracts.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
- Material Service Corp. v. Department of RevenueIllinois Supreme Court · 1983
- Kinkel v. Cingular Wireless, LLCIllinois Supreme Court · 2006
- Razor v. Hyundai Motor AmericaIllinois Supreme Court · 2006
- Frank's Maintenance & Engineering, Inc. v. C. A. Rorerts Co.Appellate Court of Illinois · 1980
- Donaldson, Lufkin & Jenrette Futures, Inc. v. BarrIllinois Supreme Court · 1988
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