Legal Opinion

Cancer Foundation, Inc. v. Cerberus Capital Management, LP

Court of Appeals for the Seventh Circuit

Decided March 19, 2009No. 08-1981PublishedCited by 295 opinions

1Opinion of the Court

EVANS, Circuit Judge.

In 1997, Martin Lapides was at the center of a web of companies that were tanking. With a multimillion dollar line of credit coming due, he was forced to enter into a refinancing agreement that meant he lost majority ownership of one of his companies, Winterland. Winterland soon went bankrupt, setting off a storm of financial harm. Ten years after losing control of Winterland, Lapides, along with others who were allegedly harmed by the takeover, filed suit against the financiers involved in the meltdown under the Racketeer Influenced and Corrupt Organization Act (RICO).…

2Cases cited9 opinions

  1. Venture Associates Corporation, a Tennessee Corporation v. Zenith Data Systems Corporation, a Delaware CorporationCourt of Appeals for the Seventh Circuit · 1993
  2. Rotella v. WoodSupreme Court of the United States · 2000
  3. Barry Aviation Incorporated v. Land O'Lakes Municipal Airport Commission, Town of Land O'Lakes Wisconsin, Richard PetersonCourt of Appeals for the Seventh Circuit · 2004
  4. Limestone Development v. Village of Lemont, Ill.Court of Appeals for the Seventh Circuit · 2008
  5. Hollander, Jacque v. Brown, JamesCourt of Appeals for the Seventh Circuit · 2006

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3Cited by295 opinions

  1. Sidney Hillman Health Center o v. Abbott Laboratories, IncorporaCourt of Appeals for the Seventh Circuit · 2015
  2. Kevin O'Gorman v. City of ChicagoCourt of Appeals for the Seventh Circuit · 2015
  3. Jay E. Hayden Foundation v. First Neighbor Bank, N.A.Court of Appeals for the Seventh Circuit · 2010
  4. Amin Ijbara Equity Corp. v. Village of Oak LawnCourt of Appeals for the Seventh Circuit · 2017
  5. In re Broiler Chicken Antitrust Litig.District Court, E.D. Illinois · 2017

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