Lucas v. Beaton

PRESIDING JUSTICE BUCKLEY

delivered the opinion of the court:

Richard Lucas, Richard Johnson, Wallace Oshiro, Kenneth Darby and David Accardi (plaintiffs) brought a declaratory judgment action against Wilbur L. Beaton, Jr., and Rosonne Delagarza (defendants) in the circuit court of Cook County, seeking a declaration that plaintiffs were relieved from their contractual obligation to defendants to pay the remaining balance on the purchase price of a corporation’s stock due to defendants’ breach of a noncompetition covenant. Defendants, in turn, filed a counterclaim seeking to recover the $22,000…