Legal Opinion

McGinley Partners, LLC v. Royalty Properties, LLC

Appellate Court of Illinois

Decided December 20, 2018No. 1-17-2976UnpublishedCited by 1 opinion

1Opinion of the CourtJustice Gordon

*672 ¶ 1 The instant appeal arises from a lawsuit by plaintiff McGinley Partners, LLC, to enforce a note and guaranty executed by defendants Royalty Properties, LLC, Richard Kirk Cannon, and Meryl Squires Cannon in connection with the purchase of a horse farm. The trial court granted summary judgment to plaintiff and entered judgment against defendants in the amount of $8,320,669.43 on February *343 *673 2, 2017. Nine months after the entry of the judgment, defendants filed a petition to vacate the judgment pursuant to section 2-1401 of the Code of Civil Procedure (Code) ( 735 ILCS 5/2-1401 (West 2016)…

2Cases cited14 opinions

  1. Smith v. Airoom, Inc.Illinois Supreme Court · 1986
  2. Sarkissian v. Chicago Board of EducationIllinois Supreme Court · 2002
  3. People v. OrtegaIllinois Supreme Court · 2004
  4. Paul v. Gerald Adelman & Associates, Ltd.Illinois Supreme Court · 2006
  5. Warren County Soil and Water Conservation District v. WaltersIllinois Supreme Court · 2015

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3Cited by1 opinion

  1. McGinley Partners, LLC v. Royalty Properties, LLCAppellate Court of Illinois · 2019

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