Legal Opinion
EQ Financial, Inc. v. Personal Financial Co.
District Court, N.D. Illinois
Decided March 23, 2006No. 05 C 260PublishedCited by 3 opinions
1Opinion of the Court
MEMORANDUM OPINION AND ORDER
MASON, United States Magistrate Judge.
This matter is before the Court on defendant Personal Financial Company’s (“PFC”) motion to dismiss with prejudice Count VI and Count VII of EQ Financial Company’s (“EQ”) fourth amended complaint (the “Complaint”). For the reasons stated below, PFC’s motion to dismiss is granted.
Background
EQ operated as a lending institution and mortgage wholesaler from 1993 through 2000. (Comply 3). During that time, EQ purchased and resold mortgages secured by residential real estate. (Id.). Once EQ loaned money pursuant to a mortgage, EQ…
2Cases cited24 opinions
- Conley v. GibsonSupreme Court of the United States · 1957
- Sedima, S. P. R. L. v. Imrex Co.Supreme Court of the United States · 1985
- H. J. Inc. v. Northwestern Bell Telephone Co.Supreme Court of the United States · 1989
- Reves v. Ernst & YoungSupreme Court of the United States · 1993
- Fed. Sec. L. Rep. P 95,228 Rocco Dileo and Louise Dileo v. Ernst & YoungCourt of Appeals for the Seventh Circuit · 1990
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