Hallmark & Johnson Properties, Ltd. v. Taylor

PRESIDING JUSTICE LaPORTA

delivered the opinion of the court:

Plaintiffs, Hallmark & Johnson Properties, Ltd. (Hallmark & Johnson), and Andreas Berggreen, doing business as Mutual Realty (Mutual Realty), brought this action in chancery against defendant, Wesley Taylor, seeking a declaration of their rights to earnest money deposited by Taylor pursuant to a contract for the purchase of certain real estate. Taylor filed a separate action at law which was consolidated with the plaintiffs’ chancery action. The circuit court granted summary judgment in favor of Taylor, finding that the real estate…