Bankdirect Capital Finance, LLC v. Capital Premium Financing, Inc.

IN THE UNITED STATES DISTRICT COURT FOR THE NORTHERN DISTRICT OF ILLINOIS EASTERN DIVISION BANKDIRECT CAPITAL FINANCE, LLC ) ) Plaintiff, ) No. 15 C 10340 ) v. ) ) CAPITAL PREMIUM FINANCING, INC., ) Magistrate Judge Jeffrey Cole ) Defendant. ) MEMORANDUM OPINION AND ORDER INTRODUCTION BankDirect, which is a diversified financial services company, which, from its inception, has conducted business nationally with well-established insurance agencies, [Dkt. #28 at 12], has sued Capital Premium Financing, Inc. under an Option Agreement and related Master Transaction Agreement. The Third Amended…