Jupiter Orrington Corp. v. Zwiefel

PRESIDING JUSTICE MEJDA

delivered the opinion of the court:

Defendants, Thomas R. Zweifel, as administrator of the estate of Earl T. Zweifel, and Peoria Motors, Inc., appeal from an order of the circuit court of Cook County granting a preliminary injunction which enjoined them from presenting a $2,685,000 letter of credit to the First National Bank of Chicago (the bank) and enjoined the bank from honoring any attempt to draw on the letter of credit. The sole issue presented for review is whether the circuit court abused its discretion in issuing the preliminary injunction. We reverse and remand.