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· 9/30/1981

General Dynamics Corp. v. Zion State Bank & Trust Co.

Citations

  • 427 N.E.2d 131
  • 86 Ill. 2d 135
  • 56 Ill. Dec. 51
  • 1981 Ill. LEXIS 328

How courts have described this case

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

  • recognizing this good faith exception
  • “ ‘interest would be a proper element of recovery only if it could be said [a] relationship of debtor and creditor existed between the parties’ ”
  • prejudgment interest award inappropriate where parties’ dispute “was both genuine and substantial”
  • “[I]t has been held error to allow [prejudgment] interest on an amount due when *** that amount depends largely upon the construction placed on the terms of a contract, and upon questions of fact about which there is room for a difference of opinion.”

Source: CourtListener parenthetical corpus (CC0).

Judges: Goldenhersh, Moran

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.