Legal Opinion

Lyon Financial Services, Inc. v. Illinois Paper & Copier Co.

District Court, N.D. Illinois

Decided March 23, 2017No. 10 C 7064PublishedCited by 3 opinions

1Opinion of the Court

MEMORANDUM OPINION AND ORDER

REBECCA R. PALLMEYER, United States District Judge

In 2008, the Village of Bensenville (“the Village”) decided to replace its copier equipment. Village officials met with a supplier, Illinois Paper and Copier Company (“Illinois Paper”), but did not purchase the equipment directly from Illinois Paper. Instead, the parties arranged a transaction in which Lyon Financial Services, a subsidiary of U.S. Bank (“Lyon”), provided financing. The transaction ultimately consisted of two parts: Lyon purchased more than $500,000 worth of copier equipment from Illinois Paper…

2Cases cited61 opinions

  1. Anderson v. Liberty Lobby, Inc.Supreme Court of the United States · 1986
  2. Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
  3. Jennifer Venters v. City of Delphi and Larry IvesCourt of Appeals for the Seventh Circuit · 1997
  4. Patrick Engineering, Inc. v. The City of NapervilleIllinois Supreme Court · 2012
  5. Life Plans Incorporated v. Security Life of Denver InsuraCourt of Appeals for the Seventh Circuit · 2015

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3Cited by3 opinions

  1. Restore Construction Company, Inc. v. Board of Education of Proviso Township High Schools District 209Illinois Supreme Court · 2020
  2. Restore Construction Company, Inc. v. Board of Education of Proviso Township High Schools District 209Illinois Supreme Court · 2021
  3. Prospect ECHN, Inc. v. Winthrop Resources CorporationDistrict Court, D. Minnesota · 2021

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