McAloon v. Northwest Bancorp, Inc.

How courts have described this case

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

• holding that breach of contract, fraud and equitable estoppel claims are barred by the Act
• holding that the Illinois Credit Agreements Act was intended to extend beyond the existing statute of frauds
• holding that the plaintiffs could not maintain a breach of contract claim based on a written loan proposal initialed by the defendants in the absence of an allegation that the plaintiffs also had signed the proposal
• holding that the plaintiffs could not maintain a breach of contract claim based on a written loan proposal initialed by the defendants in the absence of an allegation that the plaintiffs also had signed the proposal
• “Given the broad language of the Act and our conclusion that the [Credit Agreements] Act is intended to extend beyond the Frauds Act, we conclude that the Act bars traditional exceptions to the application of the Frauds Act, such as equitable estoppel.”

Source: CourtListener parenthetical corpus (CC0).