Legal Opinion

United Central Bank v. Davenport Estate LLC

Court of Appeals for the Seventh Circuit

Decided March 4, 2016No. 15-2406PublishedCited by 79 opinions

1Opinion of the Court

FLAUM, Circuit Judge.

In 2008, the predecessor to United Central Bank (“UCB”) made a. $700,000 loan to a group of investors. 1 UCB and the investors agreed that the money would be placed in escrow but did not record their understanding in a written escrow agreement. Later, the investors repeatedly asked UCB for the $700,000 but never received it. In 2010, the investors brought a breach of contract claim, and UCB moved to dismiss under Federal Rule of Civil Procedure 12(b)(6). The district court granted UCB’s motion to dismiss since there was no written agreement as required by the Financial…

2Cases cited7 opinions

  1. George McReynolds v. Merrill LynchCourt of Appeals for the Seventh Circuit · 2012
  2. Argyropoulos v. City of AltonCourt of Appeals for the Seventh Circuit · 2008
  3. Edmond C. Teumer v. General Motors CorporationCourt of Appeals for the Seventh Circuit · 1994
  4. Michael Alexander v. Mark McKinneyCourt of Appeals for the Seventh Circuit · 2012
  5. Alan J. Stransky v. Cummins Engine Company, Inc.Court of Appeals for the Seventh Circuit · 1995

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3Cited by79 opinions

  1. Sidney Peterson v. Wexford Health Sources, Inc.Court of Appeals for the Seventh Circuit · 2021
  2. Scott McCray v. Robert WilkieCourt of Appeals for the Seventh Circuit · 2020
  3. Tagami v. City of ChicagoCourt of Appeals for the Seventh Circuit · 2017
  4. Wheeler v. HronopoulosCourt of Appeals for the Seventh Circuit · 2018
  5. Dawn Nowlin v. Jay PritzkerCourt of Appeals for the Seventh Circuit · 2022

74 more not listed; retrieve them via the Exa API.

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