Legal Opinion
Tower Investors, LLC v. 111 East Chestnut Consultants, Inc.
Appellate Court of Illinois
Decided March 14, 2007No. 1-06-0254PublishedCited by 75 opinions
1Opinion of the Court
PRESIDING JUSTICE THEIS
delivered the opinion of the court:
Following a bench trial, the circuit court of Cook County found that defendants, 111 East Chestnut Consultants, Inc. (Consultants), and Invsco Group, Ltd, its parent company (Invsco) (collectively defendants), had breached a contract with plaintiff, Tower Investors, LLC (Tower). That contract provided that in exchange for Tower’s forbearance from suing Consultants for repayment of a $350,000 promissory note for roughly one year, Consultants, along with Invsco as guarantor, would repay the principal of the note (the forbearance…
2Cases cited25 opinions
- Main Bank of Chicago v. BakerIllinois Supreme Court · 1981
- Village of South Elgin v. Waste Management of Illinois, Inc.Appellate Court of Illinois · 2004
- Illinois State Bar Ass'n Mutual Insurance v. Coregis InsuranceAppellate Court of Illinois · 2004
- Bird v. Centennial InsuranceCourt of Appeals for the First Circuit · 1993
- Builder's Concrete v. Faubel & Sons, Inc.Appellate Court of Illinois · 1978
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3Cited by75 opinions
- Judson Atkinson Candies, Inc. v. Latini-Hohberger DhimantecCourt of Appeals for the Seventh Circuit · 2008
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- Wachovia Securities, LLC v. Banco Panamericano, Inc.Court of Appeals for the Seventh Circuit · 2012
- Extra Equipamentos E Exportaçáo Ltda. v. Case Corp.Court of Appeals for the Seventh Circuit · 2008
- Northbound Group, Incorporated v. Norvax, IncorporatedCourt of Appeals for the Seventh Circuit · 2015
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