· 11/12/2008
Cincinnati Insurance v. American Hardware Manufacturers Ass'n
Citations
- 898 N.E.2d 216
- 387 Ill. App. 3d 85
How courts have described this case
Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.
- “‘[a]ny act or promise that benefits one party or disadvantages the other is sufficient consideration to support the formation of a contract.’” (quoting Kalis v. Colgate– Palmolive Co., 787 N.E.2d 182, 183 (Ill. App. Ct. 2003))
- “a promise to forgo pursuit of a legal claim will be determined to be adequate consideration to support formation of a contract even if the claim is invalid, provided that it is asserted in good faith”
- “A valid assignment ‘needs only to assign or transfer the whole or a part of some particular thing, debt, or chose in action and it must describe the subject matter of the assignment with sufficient particularity to render it capable of identification.’ ”
- coverage provision specifically listed defamation and libel
Source: CourtListener parenthetical corpus (CC0).
Judges: Quinn
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.