Legal Opinion
MacHinery Transport of Ill. v. Morton Com. Bank
Appellate Court of Illinois
Decided November 14, 1997No. 3-97-0078PublishedCited by 14 opinions
1Opinion of the CourtJustice Breslin
At issue is whether a complaint based on several oral credit agreements is barred by the Illinois Credit Agreements Act (Act) (815 ILCS 160/0.01 et seq. (West 1996)), which prohibits recovery unless a credit agreement is in writing. We hold that the trial court properly found that the Act precluded the debtors’ action even though the complaint alleged that the debtors fully performed their obligations. Accordingly, we affirm.
FACTS
In January 1995, the plaintiffs, Machinery Transport of Illinois (MTI), Dennis LaHood, Anthony LaHood, Jr., and Martha LaHood, filed a six-count complaint against…
2Cases cited7 opinions
- Lawson v. City of ChicagoAppellate Court of Illinois · 1996
- FIRST NAT. BANK IN STAUNTON v. McBride Chevrolet, Inc.Appellate Court of Illinois · 1994
- Village of Riverwoods v. BG Ltd. PartnershipAppellate Court of Illinois · 1995
- McAloon v. Northwest Bancorp, Inc.Appellate Court of Illinois · 1995
- Bellerive v. Hilton Hotels Corp.Appellate Court of Illinois · 1993
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3Cited by14 opinions
- Help at Home, Incorporated v. Medical Capital, L.L.C., D/B/A MedcapCourt of Appeals for the Seventh Circuit · 2001
- Bank One, Springfield v. RoscettiAppellate Court of Illinois · 1999
- Official Committee of Unsecured Creditors of Lois/USA, Inc. v. Conseco Finance Servicing Corp. (In Re Lois/USA, Inc.)United States Bankruptcy Court, S.D. New York · 2001
- K. Miller Const. Co., Inc. v. McGinnisAppellate Court of Illinois · 2009
- Groshans v. Dairyland InsuranceAppellate Court of Illinois · 2000
9 more not listed; retrieve them via the Exa API.