Legal Opinion
Jameson Realty Group v. Kostiner
Appellate Court of Illinois
Decided July 29, 2004No. 1-03-2914PublishedCited by 25 opinions
1Opinion of the Court
PRESIDING JUSTICE QUINN
delivered the opinion of the court:
This appeal concerns, inter alia, the validity of a liquidated damages clause in a real estate brokerage contract under which a broker sought to recover damages against a seller who prematurely terminated an exclusive listing agreement with the broker. For the following reasons, we hold that the provision is valid and affirm the judgment of the circuit court.
BACKGROUND
In March 1998, defendant Lewis Kostiner hired plaintiff Jameson Realty Group (Jameson) to sell the remaining condominium units in an apartment building located at 850…
2Cases cited31 opinions
- Air Safety, Inc. v. Teachers Realty Corp.Illinois Supreme Court · 1999
- Flood v. Country Mutual InsuranceIllinois Supreme Court · 1968
- Grossinger Motorcorp, Inc. v. American National Bank & Trust Co.Appellate Court of Illinois · 1992
- Bishop v. We Care Hair Development Corp.Appellate Court of Illinois · 2000
- Med+ Plus Neck & Back Pain Center v. NoffsingerAppellate Court of Illinois · 2000
26 more not listed; retrieve them via the Exa API.
3Cited by25 opinions
- Lozman v. PutnamAppellate Court of Illinois · 2008
- Karimi v. 401 North Wabash Venture, LLCAppellate Court of Illinois · 2011
- John Hancock Life Insurance Co. v. Abbott LaboratoriesCourt of Appeals for the First Circuit · 2017
- In Re AE Hotel VentureUnited States Bankruptcy Court, N.D. Illinois · 2005
- Tahmina Proulx v. 1400 Pennsylvania Avenue, SE, LLCDistrict of Columbia Court of Appeals · 2019
20 more not listed; retrieve them via the Exa API.