Northern Illinois Construction Co. v. Zale

Defendants, Edward Zale, Albert Zale and Zale Construction Company (Zale), appeal from an order of the circuit court granting plaintiffs’, Northern Illinois Construction Company, Ralph Harwood and Richard Harwood (NICC), motion for summary judgment, entering judgment for NICC on the complaint, ordering defendants to turn over to plaintiffs $50,000 in earnest money and dismissing defendants’ counterclaim for money damages for breach of contract. The parties are land developers in Cook County. On December 14, 1979, they executed an agreement pursuant to which NICC agreed to buy certain vacant…