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· 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 CourtListener

Sourced 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.