Legal Opinion
Elda Arnhold and Byzantio, L.L.C. v. Ocean Atlantic Woodland Corporation
Court of Appeals for the Seventh Circuit
Decided March 21, 2002No. 01-1611PublishedCited by 41 opinions
1Opinion of the Court
COFFEY, Circuit Judge.
Ocean Atlantic Woodland Corporation (“the Buyers” or “Ocean Atlantic”) entered into a final settlement agreement with Elda Arnhold and Byzantio, L.L.C. (“the Sellers”) concerning the sale of farmland in Will County, Illinois. The agreement contained a “time-essence” clause that required the parties to close on the property no later than January 25, 2001. 1 Ocean Atlantic failed to meet the closing deadline but nevertheless moved to enforce the agreement and obtain specific performance of the contract. After a two-day evidentia-ry hearing, the magistrate judge denied the…
2Cases cited49 opinions
- Anderson v. City of Bessemer CitySupreme Court of the United States · 1985
- Jacob & Youngs, Inc. v. KentNew York Court of Appeals · 1921
- George E. Hemenway v. Peabody Coal Company and Peabody Development CompanyCourt of Appeals for the Seventh Circuit · 1998
- Den Norske Bank As v. First Nat'L of BostCourt of Appeals for the First Circuit · 1996
- Phyllis MERRIWEATHER, Plaintiff-Appellee, v. FAMILY DOLLAR STORES OF INDIANA, INC. Defendant-AppellantCourt of Appeals for the Seventh Circuit · 1996
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3Cited by41 opinions
- Utility Audit, Inc. v. Horace Mann Service CorporationCourt of Appeals for the Seventh Circuit · 2004
- Rickher v. Home Depot, Inc.Court of Appeals for the Seventh Circuit · 2008
- Taco Bell Corp. v. Continental Casualty Co.Court of Appeals for the Seventh Circuit · 2004
- Costello v. GrundonCourt of Appeals for the Seventh Circuit · 2011
- Campania Management Company, Incorporated v. Rooks, Pitts & Poust, a Law Firm, and Frank Rowland, Rooks, Pitts & Poust, a Law Firm v. Campania Management Company, IncorporatedCourt of Appeals for the Seventh Circuit · 2002
36 more not listed; retrieve them via the Exa API.