Board of Trade v. Dow Jones & Co.

Defendant, Dow Jones & Company, Inc., appealed from the judgment of the circuit court of Cook County entered in favor of plaintiff, the Board of Trade of the city of Chicago, in its action for declaratory judgment. Plaintiff sought a declaration that its offering of a commodity futures contract utilizing the Dow Jones Industrial Average as the underlying commodity would not vioíate defendant’s legal or proprietary rights. The appellate court reversed (108 Ill. App. 3d 681), and we allowed plaintiff’s petition for leave to appeal (87 Ill. 2d R. 315).

The opinion of the appellate court…