Bank of Waukegan v. Epilepsy Foundation of America

This case arises from the breach of an office lease. Plaintiffs are the Bank of Waukegan, which holds legal title to the subject property, and W.D.G. Limited, the property’s beneficial owner. For simplicity, we will refer to the Bank and W.D.G. in the singular “plaintiff.” W.D.G.’s agent, John Simcic, negotiated the lease with Charles Shanhouse, who was then the executive director of the Epilepsy Foundation of America, North Shore/Lake County Chapter, an Illinois not-for-profit corporation (Chapter). The lease was to extend from January 1, 1981, through December 31, 1985. On September 1,…