· 9/7/1990
Ahern v. Knecht
Citations
- 563 N.E.2d 787
- 202 Ill. App. 3d 709
- 150 Ill. Dec. 660
- 1990 Ill. App. LEXIS 1360
How courts have described this case
Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.
- courts of equity will provide relief against “hard and unconscionable contracts which have been procured by taking advantage of the condition, circumstances or necessity of the other parties”
- “A plaintiff desiring to rescind a contract must ... offer to return the value of the consideration received or otherwise return the other party to the status quo ante. ”
- courts of equity will provide relief against “hard and unconscionable contracts which have been procured by taking advantage of the condition, circumstances or necessity of the other parties”
- “Courts will also look to such factors as the age and education of the contracting parties, their commercial experience [citation], and whether the aggrieved party had a meaningful choice when faced with unreasonably unfavorable terms [citations].”
- \[g]ross excessiveness of price alone can make an agreement unconscionable\
- “[S]ubstantial nonperformance . . . warrants rescission.”
Source: CourtListener parenthetical corpus (CC0).
Judges: Woodward
Read full opinion on CourtListenerSourced from CourtListener / Free Law Project (CC0).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.