Legal Opinion
Magnus v. Lutheran General Health Care System
Appellate Court of Illinois
Decided September 2, 1992No. Nos. 1-91-2534, 1-91-2661 consPublishedCited by 34 opinions
1Opinion of the CourtJustice Cerda
This is a consolidated appeal arising from the purchase and sale of various assets, including real estate, related to the development of a retirement housing project in Arlington Heights. Albert B. Magnus, Jr., and his partner, Joel Hillman, sold the assets to Lutheran General Health Care System (Lutheran General) and its subsidiary, Parkside Development Corporation (Parkside). One of the improvements on the property was a house. Relying on an October 17, 1986, Letter of Intent (Letter of Intent), Magnus attempted to exercise an option to remove the house by notifying Lutheran General and…
2Cases cited21 opinions
- Quake Construction, Inc. v. American Airlines, Inc.Illinois Supreme Court · 1990
- Gatlin v. RuderIllinois Supreme Court · 1990
- Weber v. Northern Illinois Gas Co.Appellate Court of Illinois · 1973
- Chicago Investment Corp. v. DolinsIllinois Supreme Court · 1985
- Interway, Inc. v. AlagnaAppellate Court of Illinois · 1980
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3Cited by34 opinions
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