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· 12/30/1997

Commercial Credit Loans, Inc. v. Espinoza

Citations

  • 689 N.E.2d 282
  • 293 Ill. App. 3d 915
  • 228 Ill. Dec. 410

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

  • holding that the bid at a sheriff's sale that was one-sixth of the value of the property was an unconscionable disparity
  • holding that the bid at a sheriff’s sale that was one- sixth of the value of the property was an unconscionable disparity
  • holding a bid that was one-sixth of the value of the property to be an unconscionable disparity
  • relying on Citicorp and noting that the high bid at a judicial sale is a mere irrevocable offer, accepted on confirmation by the court
  • general rule is that, to have standing, a party must assert its own legal rights and interests, rather than the rights of third parties

Source: CourtListener parenthetical corpus (CC0).

Judges: Cousins

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.